1. The target unemployment rate, is the outcome of a set of normative political preferences which is expressed with rather spurious precision in the social welfare function. 2. What was formerly the target unemployment rate has been abandoned in favour of a new, higher rate. 3. The government also laid down target rates of return for the commercial sectors, that is freight, parcels and Intercity. 4. Although swimmers cannot use Aquapacers during races, they can wear them during warmup laps to get the target rates in their heads. 5. Although the discount rate is usually kept below the federal funds target rate, the Fed often moves the two rates up and down more or less in tandem. 6. Also yesterday the Bundesbank said it will set its target money market rate on a weekly basis, instead of every two weeks. 7. Before its summer break last year, the central bank froze its target money market rate for four straight weeks before reconvening. 8. A third possibility, Gehrig said, would be to set a target rate for the Swiss franc. 9. But if the economy slows sharply, without tumbling into a traditional recession, maybe the Fed will not have to cut its target rate so much. 10. But that the target inflation rate is too low, so that even if everyone believed that target would be achieved, the Japanese economy would remain seriously depressed. |