Fed Trying to Reinflate U.S. Economy, Swonk Says

Jan. 25, 2012 - Jan. 25 (Bloomberg) -- Diane Swonk, chief economist at Mesirow Financial Holdings Inc., and Robert Eisenbeis, chief monetary economist at Cumberland Advisors Inc., talk about the Federal Reserve's decision to specify a 2 percent goal for long-term inflation and the outlook for the central bank's policy on interest rates. Fed officials said their benchmark interest rate will stay low until at least late 2014 and anticipate that unemployment will remain high and inflation "subdued." Swonk and Eisenbeis speak with Mark Crumpton on Bloomberg Television's "Bottom Line." (Source: Bloomberg) (/Bloomberg) Correction: Clarification:

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