The Fed announced that it will keep interest rates unchanged until 2014 and that is targeting inflation. Yes the Fed intends to print money until inflation reaches their target of 2% and is kept around such value.
http://www.rttnews.com/1805067/fed-sees-low-rates-through-2014-adopts-inflation-target.aspx?type=ts
The Fed announced that it will keep interest rates unchanged...
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