Fed Watch: Lowering the Unemployment Target

There is much buzz over the possibility the Federal Reserve will lower the unemployment rate threshold at an upcoming FOMC meeting. See, for example, a nice summary by Jon Hilsenrath at the Wall Street Journal. To be sure, such a change was already a part of the policy discussion. From the minutes of the July [...] View the full post at: Fed Watch: Lowering the Unemployment Target Related posts: Economic Troughs, Changes in the Unemployment Rate, and Fed Policy FOMC: The Door to Scaling Back Asset Purchases is Now Wide Open Bernanke Sees Stronger Regulation as the Best Defense Against Bubbles