“Federal Reserve Vice Chairman Janet Yellen formerly http://search.bloomberg.com/search?q=Janet%20Yellen said the central bank may hold the benchmark lending rate near zero even if unemployment and inflation hit its near-term policy targets. U.S. central bankers are focusing the full force of monetary policy on reviving growth and reducing 7.9 percent unemployment, using near-zero interest rates and a program of unprecedented bond buying. Yellen’s comments reflect the view of some policy makers that there is a risk of damaging the expansion by raising rates too early.”
Fed Vice Chair Says Higher Rates Not Assured After Thresholds Hit
- Post author:The Freedom Watch Staff
- Post published:February 16, 2013
- Post category:Network Archives
Tags: Bankocracy, Bullshit Artists, CLibertyC, constitutional liberty coalition, economic Trends, Economics, for life and liberty, investment, Mainstream News, Middle Class Dismissed, money, Money For Nothing, Resistance, sound money, The Freedom Watch
The Freedom Watch Staff
News before it is news for the resistance from a trusted correspondent.
The Freedom Watch Network