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As I understand it, the Feds actually have certain metrics like unemployment that they're trying to achieve. The big announcement from last week was that they'r
by emgeee 12y ago
As I understand it, the Feds actually have certain metrics like unemployment that they're trying to achieve. The big announcement from last week was that they're starting to hit their numbers and so they'll shift away from using QE (which is somewhat of an emergency tool) back to their main tool, setting short-term interest rates.