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Quantitative easing guidelines numbers in the policy statement and signal a commitment to low Interest Rates if the fed did not hit its unemployment or inflation target. Quote, one participant favored retaining the existing threshold language on the ground that removing it before the Unemployment Rate reached 6. 5 could be misinterpreted. Another participant favored introducing new quantitative thresholds including five 1 2 one for the Unemployment Rate. And a few participants proposed adding new language all together on the rate guidance in case the fed ran below its 2 longerrun inflation target. Fed members as you know, voted to drop these quantitative guidelines in favor of more qualitative, general descriptions of Economic Performance that could trig ....

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