CHICAGO (Reuters) - Unemployment is likely to stay high for a long time, two Federal Reserve officials said on Wednesday, suggesting the U.S. central bank is in no rush to raise its ultra-low interest-rate policy.
Reuters: Top News, Reuters
Wed, 06/30/2010 - 9:34am
CHICAGO (Reuters) - Unemployment is likely to stay high for a long time, two Federal Reserve officials said on Wednesday, suggesting the U.S. central bank is in no rush to raise its ultra-low interest-rate policy.