Must-Must-Read: Alan Blinder: The Fed Can Be Patient About Raising Interest Rates: “The Fed wants to see two things before it is ready to raise interest rates… …“further improvement in the labor market” (even though the unemployment rate is now back to spring 2008 levels), and convincing evidence that inflation (which has been running below … Continue reading Today’s Must-Must-Read: Alan Blinder: The Fed Can Be Patient About Raising Interest Rates