FBC MONEY With Melissa Francis February 19, 2014
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 at work there. The minutes show fed members watching the weather, emerging markets, and the debt prob...
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