Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

Fed Tweaks Rate Guidance, Lessening Weight on Unemployment Rate
WSJ ^ | March 19, 2014 2:30 p.m. ET | By Victoria McGrane And

Posted on 03/19/2014 11:36:58 AM PDT by BenLurkin

In regard to the so-called forward guidance on rates, the Fed has said since late 2012 that it wouldn't consider raising interest rates from near zero until the jobless rate fell to 6.5%, provided inflation looks likely to remain below 2.5%. In a new policy statement released Wednesday, the Fed dropped the reference to the 6.5% jobless rate, which officials have come to see as too limited an indicator of the labor market's health.

Instead, the central bank said it would "assess progress…toward its objectives of maximum employment and 2% inflation" in deciding when to raise rates from near zero, where they've been since late 2008. In judging that progress, the Fed will "take into account a wide range of information, including measures of labor market conditions, indicators of inflation pressures and inflation expectations, and readings on financial developments," the statement said.

(Excerpt) Read more at online.wsj.com ...


TOPICS: Business/Economy
KEYWORDS: demagogicparty; globalwarminghoax; janetyellen; naswa
Janet Yellin is tweaking -- not twerking.
1 posted on 03/19/2014 11:36:58 AM PDT by BenLurkin
[ Post Reply | Private Reply | View Replies]

To: BenLurkin

.....perhaps because the U3 rate used is meaningless and everyone knows it.


2 posted on 03/19/2014 11:38:16 AM PDT by Red in Blue PA (When Injustice becomes Law, Resistance Becomes Duty.-Thomas Jefferson)
[ Post Reply | Private Reply | To 1 | View Replies]

To: BenLurkin

Are they aiming for a September, 2015 three-peat?

Well, we’ll see if the shmita happens.......


3 posted on 03/19/2014 11:40:40 AM PDT by F15Eagle (1Jn4:15;5:4-5,11-13;Mt27:50-54;Mk15:33-34;Jn3:17-18,6:69,11:25,14:6,20:31;Ro10:8-11;1Tm2:5-6;Ti3:4-7)
[ Post Reply | Private Reply | To 1 | View Replies]

To: BenLurkin

And we’re ALL thankful for that!

With respect to this latest slight of hand, it would seem that the feds are setting the stage to raise interest rates. Glad I don’t own bonds.


4 posted on 03/19/2014 11:40:59 AM PDT by Obadiah (I Like Ted.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Red in Blue PA
".....perhaps because the U3 rate used is meaningless and everyone knows it."

Exactly.


5 posted on 03/19/2014 11:41:05 AM PDT by DannyTN
[ Post Reply | Private Reply | To 2 | View Replies]

To: DannyTN

I’d say that blue line is fairly-close to accurate.


6 posted on 03/19/2014 11:51:43 AM PDT by F15Eagle (1Jn4:15;5:4-5,11-13;Mt27:50-54;Mk15:33-34;Jn3:17-18,6:69,11:25,14:6,20:31;Ro10:8-11;1Tm2:5-6;Ti3:4-7)
[ Post Reply | Private Reply | To 5 | View Replies]

To: BenLurkin

Janet Yellen twerking. Thanks.

Gonna take me the rest of the week to wash
THAT image out of my head.


7 posted on 03/19/2014 11:52:26 AM PDT by Buckeye McFrog
[ Post Reply | Private Reply | To 1 | View Replies]

To: Red in Blue PA

Bingo!


8 posted on 03/19/2014 4:43:43 PM PDT by BenLurkin (This is not a statement of fact. It is either opinion or satire; or both.)
[ Post Reply | Private Reply | To 2 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson