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<blockquote data-quote="Babagounj" data-source="post: 1060379" data-attributes="member: 12952">[h=1]Federal Reserve official aims for 6.5% unemployment[/h]&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; NEW YORK (CNNMoney) -- Just how far should the unemployment rate fall before the Federal Reserve raises interest rates?&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Charles Evans, president of the Chicago Fed, wants the central bank to keep the federal funds rate near zero until <a href="http://money.cnn.com/2012/11/02/news/economy/october-jobs-report/index.html?iid=EL" target="_blank">unemployment </a>falls to 6.5% and inflation not exceed 2.5% a year -- a jobless rate not seen since 2008.</blockquote>

[QUOTE="Babagounj, post: 1060379, member: 12952"] [h=1]Federal Reserve official aims for 6.5% unemployment[/h] NEW YORK (CNNMoney) -- Just how far should the unemployment rate fall before the Federal Reserve raises interest rates? Charles Evans, president of the Chicago Fed, wants the central bank to keep the federal funds rate near zero until [URL="http://money.cnn.com/2012/11/02/news/economy/october-jobs-report/index.html?iid=EL"]unemployment [/URL]falls to 6.5% and inflation not exceed 2.5% a year -- a jobless rate not seen since 2008. [/QUOTE]

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