yellen: New guidance from the Federal Reserve on Interest rates
- 03/19/14 08:45 AM
In her first news conference as Fed. Chairman today, Janet Yellen says the target of 6.5 percent unemployment will no longer be a threshold, instead, the Federal Open Market Committee will monitor a wide range of indicators before approving a interest rate hike. Will continued low interest rates hurt or help the housing market?
In her first news conference as Fed. Chairman today, Janet Yellen says the target of 6.5 percent unemployment will no longer be a threshold, instead, the Federal Open Market Committee will monitor a wide range of indicators before approving a interest rate hike. Will continued low interest rates hurt or help the housing market?
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