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US interest rates, inflation definitions and targets, unemployement definitions and rates - are key levers for trying to regulate and control the US economy (an
by creer 3y ago
US interest rates, inflation definitions and targets, unemployement definitions and rates - are key levers for trying to regulate and control the US economy (and with much influence still on the rest of the world).
Yes there are many other things linked partially or related to these. - such as election year statistics, real estate and the banks that hold the corresponding loans, service of US debt, the value of the US dollar, etc, etc. That makes these definitions and targets more important and interesting, not less!
They are also a part of the economy that's rather understandable to engineers.
And this one is a very decent article.