Thursday, 29 August 2024

Unemployment rate is now the U.S. Fed’s undisputed lodestar

U.S. Fed Chairman Jerome Powell made a pivot in Jackson Hole through his clear emphasis that unemployment, not inflation, is now the number one determinant of his upcoming policy decisions.; some even believe the unemployment rate is now around 90% of the Federal Reserve’s dual mandate

from Business News Today, Latest Finance News | The Hindu

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