The Federal Open Market Committee (FOMC) consists of 12 members: the seven members of the Board of Governors of the Federal Reserve System; the president of the Federal Reserve Bank of New York; and four of the remaining eleven Reserve Bank presidents, who serve one-year terms on a rotating ba...
jobs
Blog tagged as jobs
Jobs and Inflation
September 18, 2014 01:58 PM - Comment(s)
Recently, a friend asked me how inflation and jobs are connected. My response is included below. Let me know what your thoughts are.
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"Short answer: More jobs = More Aggregate Wages = Greater Consumer Demand & Lower Unemployment/Tighter Job Market ...
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