Fed Wants Jobless Rate Lower, Mid-2015 Rate Hike Forecast 'Reasonable' - Presented by: The Aol. On Network

William Dudley, president of the New York Federal Reserve Bank, told a Puerto Rico accounting group on Tuesday that the U.S. unemployment rate can fall even further before the Federal Reserve raises interest rates. Dudley said "We think we can get the unemployment rate considerably lower and still not have an inflation problem. We also don't have inflation at a level consistent with price stability." According to the Labor Department, in May, the U.S.



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