full employment

Inflation Warning: Should the Fed Raise Interest Rates?

It's no surprise that consumer prices are rising -- the prices of commodities from cotton to copper are near record levels, thanks to shrinking supplies and rising demand worldwide. The question is whether the Fed will raise rates to combat this price inflation -- and whether it should.

How Long Is America's Road Back to Full Employment?

There's no way to sugarcoat it: The U.S. job deficit is huge, and it will take years before we return to anyone's idea of full employment. But investors shouldn't become pessimistic: Our flexible economy%u2019s has the capacity to adapt and renew itself faster than many experts expect.