The Fed sees a better job market, but has added new qualifications: Labor market conditions improved, with the unemployment rate declining further. The Fed "judges that the likelihood of inflation running persistently below 2 percent has diminished somewhat." The Fed "recognizes that inflation persistently below its 2 percent objective could pose risks to economic performance, and it is monitoring inflation developments carefully for evidence that inflation will move back toward its objective over the medium term."
Similar Stories to Comparing Us Fed's Views On Inflation, Job Market on Bing News
By The Associated Press, Seattle Post-Intelligencer: Business
Wed, 07/30/2014 - 11:48am
BING NEWS:
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