The Central Bank’s Tricky Task is to identify the Right Labor-Market Signals on Which to Base its Policy Decisions.

While Federal Reserve chairwoman Janet Yellen has made it clear that monetary policy will respond to the state of the labor markets, she has also made it clear that no single jobs measure will move Fed policymakers.  This piece describes the tricky task ahead that
Confronts the Fed.  Click here to read more.

 

Robert Straus