The Fed releases its latest economic projections: The central projection for unemployment in...

|By:, SA News Editor

The Fed releases its latest economic projections: The central projection for unemployment in 2015 is 6%-6.6%. Given the earlier FOMC decision to target a UE rate of 6.5% for rate hikes, it suggests the Fed sees tighter policy maybe beginning then. Nowhere to be found in the outlook is an inflation rate rising to 2.5% - also a level at which the Fed says tightening may be required.