◀ The Principal Blog

Posts tagged ‘unemployment’

Don’t Worry if Unemployment Seems to Get Stuck in 2013



Last week, we put out a 2013 economic outlook. Our take on the U.S. economy is fairly positive…if the U.S. government can avoid the nastiest parts of the fiscal cliff. So let’s say that Republicans and Democrats can come to a solution, and the United States manages to avoid recession in the…

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Ladies and Gentlemen, We Have Explicit Fed Targets



Today, the Federal Reserve announced that it will keep its foot on the easy-money pedal until the unemployment rate drops below 6.5% or inflation looks to go above 2.5%. The proposal has been getting some press as of late (you can see my recent post after Fed Vice Chair Yellen brought up the idea…

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