WSJ Chief Economics Correspondent Explains Fed’s Outlook for the U.S. Economy

The Fed is feeling better about the economy. That was the takeaway from the press conference JPAL just finished here at the Federal Reserve, where the central bank decided to keep interest rates steady for the first time since last summer. >> While job gains have remained low, the unemployment rate has shown some signs of stabilization and inflation remains somewhat elevated.>> There wasn't a lot of drama around the rate decision, but there was loads of political intrigue given what's happened since the beg ...