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Stock impact report

Interest Rates: What The Fed Is Thinking [Forbes]

Pacific Gas & Electric Co. (PCG) 
Last pacific gas & electric co. earnings: 5/1 08:21 am Check Earnings Report
US:NYSE Investor Relations: finance.yahoo.com/quote/pg
Company Research Source: Forbes
That has led many to wonder, “What are they thinking?” For people in real estate and others who are highly impacted by interest rates, the question is often punctuated with puzzlement or profanity. The Fed's policy-making committee members continue to emphasize a few points: their goals, the importance for low and steady inflation, the long time lags in monetary policy, and uncertainty surrounding the economic forecast. Putting these elements together help to understand where interest rates will go in the coming years. The Federal Reserve's Goals And The Economy The Fed's goals are captured in the “dual mandate,” derived from the law that established the Federal Reserve System. The two goals are low inflation and maximum employment. In looking at employment, the Fed now takes a long-term view. They believe that low unemployment is best achieved by keeping inflation low and steady. In decades past, the Fed looked at short-term tradeoffs: tolerating a little more inflation would r Show less Read more
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