U.S. Jobless Rate Forces Yellen's Hand On Fed Guidance - Presented by: The Aol. On Network

The rapid drop in U.S. unemployment will make re-crafting the Federal Reserve's easy-money promise a top priority for new Chair Janet Yellen, who will probably avoid tying policy to specific targets in the labor market. It was more than a year ago that the U.S. central bank first promised not to raise interest rates until joblessness fell to at least 6.5 percent, a pledge that policymakers thought would hold until at least mid-2015.



Related Videos

Most Popular Videos

Latest Videos


Most Active by Volume

Company Last Sale Change Net / %
AKS $ 4.74 0.25 ▼ 5.01%
QQQ $ 105.2063 1.07 ▼ 1.01%
FCX $ 13.80 1.14 ▲ 9.00%
BAC $ 14.59 0.20 ▼ 1.35%
AAPL $ 92.879 1.95 ▼ 2.06%
TVIX $ 3.91 0.29 ▲ 8.01%
F $ 13.715 0.38 ▼ 2.66%
VALE $ 5.94 0.32 ▲ 5.69%

As of 4/29/2016, 11:29 AM