Last week the Federal Reserve, made a very unusual announcement. It declared that it would could keep interest rates low as long as unemployment was above 6.5% and inflation was below 2.5%. As of the end of November 2012, the unemployment rates was 7.7%, and inflation (as measured by the CPI)  was 1.8%.  This means [...]
Last week the Federal Reserve, made a very unusual announcement. It declared that it would could keep interest rates low as long as unemployment was above 6.5% and inflation was below 2.5%. As of the end of November 2012, the unemployment rates was 7.7%, and inflation (as measured by the CPI)  was 1.8%.  This means [...]
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