By Reuters |
Topics Federal Reserve | US Federal Reserve | United States
The Federal Reserve on Thursday rolled out an aggressive new strategy to restore the United States to full employment and lift inflation back to healthier levels in a world where it now believes that "downward risks to employment and inflation have increased.
" Under the new approach, laid out in a fresh statement on the Fed's longer-run goals and monetary policy strategy approved by all 17 of its policymakers, the US central bank will seek to achieve inflation averaging 2% over time, offsetting below-2% periods with.
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