The US Federal Reserve has said that it is planning to set a guidance policy for the interest rates in the US economy as the threshold for unemployment passed.
The central bank had kept monetary policy easy and had assured market that the interest rates will remain low until unemployment exceeds 6.5 percent and the outlook for inflation is no more than 2.5 percent. The US central bank had said that it will not increase interest rates until joblessness fell to at least 6.5 per cent in the US economy.
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