Sentences with phrase «official jobless rate»

Not exact matches

That insight, as obvious as it may seem, conflicts with the Fed's policy of raising interest rates preemptively, even as inflation continues to undershoot its target, essentially on concerns that a 17 - year - low 4.1 % jobless rate may already be beyond what officials consider «full employment.»

In December, officials softened the link, saying they would keep rates near zero «well past» the point when the jobless rate falls to 6.5 %.