However, with
the economy nearing full employment, easy money could set off a wage - price spiral reminiscent of 1970s double digit inflation.
And with the U.S.
economy near full employment and millions of jobs open in the private sector, the situation is growing more dire by the day.
Not exact matches
That suggests ongoing job growth in an
economy many regard as
near full employment, with the jobless rate at a 17 - year low of 4.1 percent.
«The surge in market volatility has led to lower consumer confidence and the
economy is
near full employment.
Several Fed committee members suggested that the
economy is at or
near full employment, or the level of unemployment below which inflation becomes a concern.
At that level, joblessness is
nearing the threshold that economists and the Fed consider close to
full employment; inflation foes worry that allowing the unemployment rate to fall significantly below 5 percent runs the risk of leading to an overheated
economy.
NO: The deficit will boost the
economy some, but that is not necessary when the
economy is
near full employment.
Experts say it's the wrong time to cut corporate taxes, since the
economy is humming along at or
near full employment.
The Fed governor also made a comparison between the current unemployment and inflation rates with the 2004 - 07 period, when the US
economy was
near full employment and inflation was higher than 2 percent, thereby making the point that policymakers should hold on to the current federal funds rate and remain extremely cautious when it comes to raising it.
The U.S.
economy is operating at
near full employment levels, wages are rising, interest rates and fuel prices remain low and consumer confidence remains high.
Because now that the
economy has substantially recovered, the unemployment rate is
nearing «
full employment» status, and more people have money in their wallets, the IRS has decided that this is a great time to collect the dough it didn't get from you when you, ahem, claimed you didn't have it.