Will Falling Unemployment Pressure The Fed?
Tim Duy:
Will Falling Unemployment Pressure The Fed?, by Tim Duy: The unemployment rate continues to slide, hitting 4.4 percent in April. The Federal Reserve’s median forecast for joblessness — 4.5 percent from the end of 2017 through 2019 — has once again proved optimistic. But does this mean that Fed officials will hike their interest rate projections at the next Open Market Committee meeting? … Continued at Bloomberg Prophets…
Source: http://economistsview.typepad.com/economistsview/2017/05/will-falling-unemployment-pressure-the-fed.html
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