ANALYSIS, COMMENTS, THOUGHTS, AND OTHER OBSERVATIONS IN DR. SKOSPLES' NATIONAL INCOME AND BUSINESS CYCLES COURSE AT OHIO WESLEYAN UNIVERSITY
Sunday, January 27, 2013
Fed waits for job market to perk up
We all know The Fed has pledged to keep interest rates low and is now leaving it to the federal government to take over and do what it needs to do to get our economy out of its slump. After a two day meeting with the Federal Open Markets Committee the Fed as pretty much reassured its plan to keep interests rates low until unemployment falls to 6.5%. If you ask me the Fed is just delaying future consequence, government intervention into free markets just causes more problems.
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