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New Lower Fed Long-Term Targets: Employment, Inflation, GDP & Rates
Posted on January 25, 2012 at 14:16 PM EST
The Fed is going to continue on its dual-mandate of inflation and employment as it stated that it will take a balanced approach to maintain price stability and to promote employment.  While inflation targets are being set at 2% longer-term, the Fed now sees lower growth, but sees a lower jobless rate with steady prices. [...]

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