Tag Archives: policy-doesn
Unattainable Government Goals
01/27/12 Baltimore, Maryland – Yesterday, investors digested the big news from Wednesday…the Fed's announcement that it would continue handing out money , asking nothing in return, for the next three years. Stocks went down. … The Fed projected that unemployment would drop no lower than 8.2 percent this year, just slightly below the current rate of 8.5 percent, and no lower than 7.4 percent by the end of next year. By the end of … Right now, interest rate policy doesn't work . Continue reading
Posted in Money
Tagged asking-nothing, baltimore, current, handing-out, interest-rate, money, policy-doesn, wednesday, year, yesterday
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