From a reading of Fed's latest Monetary Policy
Report, it would appear that Fed may begin raising the target range for the federal
funds rate later rather than earlier in 2015 as the unemployment rate would be
at or below 5.5 % at the end of the year. Inflation is largely expected to be at
or below the Committee's 2 percent goal at the end of that year. (Underlining by us to emphasize the majority Fed View)
Without risk or responsibility.
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