The Federal Reserve announced significant monetary easing today that will continue until unemployment falls below 6.5% or inflation rises about 2.5%.
Not sure who is happier today, me or Paul Krugman, but this is excellent news for the economy.
The Federal Reserve announced significant monetary easing today that will continue until unemployment falls below 6.5% or inflation rises about 2.5%.
Not sure who is happier today, me or Paul Krugman, but this is excellent news for the economy.