Description: The Federal Reserve is inching closer to revamping its communications strategy by stating more explicitly than ever before what would get officials to raise short-terms interest rates.
Source: Moneywatch.com â€“ video report
Date: Nov 13, 2012
Questions for Discussions:
- What are the implications for providing clearly defined triggers for interest rate changes?
- Do you think investors would behave differently knowing that rates would change at specific economic reference points, such as unemployment levels?
- Do you think analysts already â€œknowâ€ when the Fed will be ready to raise rates?