Inflation in the nation is already well above the bank's target range
25 percent target range
for the federal funds rate remains "appropriate.
She noted in her Semiannual Monetary Policy Report to the Congress that if economic conditions continue to improve, as the Committee anticipates, the Committee will at some point begin considering an increase in the target range
for the federal funds rate on a meeting-by-meeting basis.
The Federal Open Market Committee's assessment that it can be patient in beginning to normalize policy means that the Committee considers it unlikely that economic conditions will warrant an increase in the target range
for the federal funds rate for at least the next couple of FOMC meetings," Yellen told a Senate Banking Committee hearing on The Semiannual Monetary Policy Report to the Congress.
3 percent was within the Government s inflation target range
The CBR, however, is likely to retain a cautious stance until there is convincing evidence that headline CPI inflation is falling back into the target range
90 percent year-on-year in March, surpassing the upper limit of the central bank's target range
due to an increase in food prices, official data showed Monday.
Many scholars support the CEPD's plan of setting a growth target range
for next year's economic development, since the existence of great uncertainty next year.
The three-month target range
for those rates will stay at a level between 0 and 0.
For the oxygen range arm of the study, the infants were randomly assigned to the lower oxygen saturation target range
of 85%-89% or the higher target range
75 per cent, by reducing its target range
to 2-3 per cent, from 2.
Leading economist Lord Layard said: "We are suggesting that the Government should set a target range
for net immigration and then the rules should depend on the target range
, rather than the numbers following from the rules as at present.