Yellen insists with expansive policies despite growing pressure from 'hawks' on interest rate

Saturday, August 23rd 2014 - 06:18 UTC

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Federal Reserve Chair Janet Yellen said Friday that the US jobs market has not yet fully recovered, but acknowledged that data is sending mixed signals, spurring debate over inflationary pressures. In a speech to leading central bankers in Jackson Hole, Wyoming, Yellen, who has kept Fed policy expansive due to perceived excess slack in the jobs market, gave no clear new signs for monetary policy. Read full article

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ChrisR
“Philadelphia Fed chief Plosser says the jobless rate decline is real and the low participation rate as a sign of fundamental changes in the labor market”

Yes,because you took the lead from The Cunt Brown © Jeremy Clarkson 2010 who removed all the people who couldn't find jobs and put them of soft hand-outs that did not show on the jobless total.

Put those back on and see where your total is then.

All this throwing money down the drain has come about from “saving” those organisations that “were too big to fail”.

A lot of us said this was wrong and would only end up with massive debt for ordinary citizens and an econonomy unable to pick itself up from the floor where the likes of these idiots put it. And it looks like we were correct.
Aug 24th, 2014 - 10:26 pm - Link - Report abuse 0
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