Cliff Trimble News Today

Will keep shortterm rate, the fed fund rate, low, well past the point, the Unemployment Rate hits 6. 5 but quote, participants agreed that with the Unemployment Rate approaching 6. 5 , it would soon be appropriate for the committee to change its forward guidance. The Unemployment Rate fell to 6. 6 in january as you recall. The minutes say, also, quote, a few participants raised the possibility that it might be appropriate to increase the federal fund rate relatively soon. Sounds like the hawks a...