Bernanke: While a 6.5% unemployment rate may be a trigger for higher rates, don't interpret this...


Bernanke: While a 6.5% unemployment rate may be a trigger for higher rates, don't interpret this level as the Fed's goal. It's lower than that, he says, but due to the lags in the effects of monetary policy, the FOMC would need to act early.
Comments (2)
  • youngman442002
    , contributor
    Comments (5123) | Send Message
     
    They only way now for them to hit that is to take people out of the labor force...we are now the EU.....unemployment will be 10-15% from here on out...real numbers....
    12 Dec 2012, 02:35 PM Reply Like
  • bigbenorr
    , contributor
    Comments (1143) | Send Message
     
    Or the government could just start banishing the unemployed, that would cut down the rate real fast.
    12 Dec 2012, 03:04 PM Reply Like
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