Fixing jobs market means more than low unemployment, Fed's Clarida says

  • 📰 Reuters
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 97%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

The Federal Reserve will use a broad set of employment measures including the labor force participation rate to determine when the economy has returned to 'maximum employment,' part of an aggressive new approach to repairing the U.S. job market, Fed Vice Chair Richard Clarida...

FILE PHOTO: Federal Reserve Vice Chairman Richard Clarida, greets a member of the Dallas Fed staff before boarding a bus to tour South Dallas as part of a community outreach by U.S. central bankers, in Dallas, Texas, U.S., February 25, 2019. REUTERS/Ann Saphir

In an extensive elaboration on the new strategy, Clarida said the U.S. central bank was continuing to monitor the country’s economic progress during the coronavirus pandemic, and how its various programs - including the ongoing purchase of $120 billion per month in government securities - might best be deployed.

But he did spell out just how firmly the Fed is committed to not just returning the U.S. economy to a low unemployment rate, but ensuring that sidelined former workers are also drawn back into jobs after the dramatic job losses last spring. As long as those indicators are depressed, and as long as inflation remains controlled, “monetary policy should ... continue to be calibrated to eliminate such employment shortfall,” Clarida said, with rates low and other programs like government bond purchases still in place.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

good luck

일자리 900명 창출 투자 제안 전세계시장석권할 특허기술이전 10년에100조원 순이익70조원 투자 추천시 소개비 9억 원 지불 발명자 010.7626 4542 Lys7054hanmail.net 윈윈 가능한분만 연락주세요

Hello, Would you like to see the best point of Istanbul? If your answer is yes, we invite you to watch our video on YouTube 😊

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 2. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen