Heads of the US Federal Reserve worry unemployment is too low


The US Federal Reserve notes significant achievements in the US labor market, as unemployment in the country is at a minimum of almost 2 decades at 3.9%. However, such a low level began to cause concern. Thus, the head of the Federal Reserve Bank of Boston, Eric Rosengren, analyzing the policy of the Federal Reserve, said that after the fall of the unemployment rate to such low indicators, a recession period inevitably sets in. In his statement, Rosengren is based on a story in which a too low unemployment rate was always followed by a recession. In his opinion, the Fed needs to discuss this situation, in which a low interest rate causes fears.

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