HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » Latest Breaking News (Forum) » Federal Reserve to spend ... » Reply #6
Introducing Discussionist: A new forum by the creators of DU

Response to brooklynite (Original post)

Wed Dec 12, 2012, 02:21 PM

6. This is REMARKABLE (and very good) news

An overt unemployment peg is a very big deal from the Fed. They are following through on earlier pronouncements that QE3 would continue until the labor market improved and announcing a target, which is a very important thing for the efficacy of the policy set.

Explicit Fed policy drives economic activity much more than implied policy, for obvious reasons. (It is a more reliable basis for actions.)

Reply to this post

Back to OP Alert abuse Link to post in-thread

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 16 replies Author Time Post
brooklynite Dec 2012 OP
Roy Rolling Dec 2012 #1
RC Dec 2012 #2
cthulu2016 Dec 2012 #4
dixiegrrrrl Dec 2012 #8
cthulu2016 Dec 2012 #10
Wernothelpless Dec 2012 #3
cthulu2016 Dec 2012 #5
Dokkie Dec 2012 #7
dixiegrrrrl Dec 2012 #9
cthulu2016 Dec 2012 #11
Dokkie Dec 2012 #13
Morganfleeman Dec 2012 #14
dixiegrrrrl Dec 2012 #16
LineReply This is REMARKABLE (and very good) news
cthulu2016 Dec 2012 #6
Morganfleeman Dec 2012 #12
MrTriumph Dec 2012 #15
Please login to view edit histories.