The Federal Reserve, the central bank of the United States will aim to keep rates low until they see moderate inflation overheats , Richmond Federal Reserve Chairman Thomas Barkin said Wednesday, Reuters reported.
With regard to the labor market, Barkin said that unemployment adjusted for the drop in participation is around 11% and said that the downward trend in the participation rate among women of productive age may limit the rebound.
Credits: Forex Street
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.