Ed McKelvey Officials Quotations

Movements in the unemployment rate will tell Fed officials whether growth is absorbing unused capacity.

Fed officials do not want to risk overreaction by the markets. This would undermine financial conditions at a time when the Fed needs growth to stay above its potential rate.

Fed officials do not want to risk overreaction by the markets, ... This would undermine financial conditions at a time when the Fed needs growth to stay above its potential rate.