WASHINGTON (Reuters) -- The Federal Reserve on Thursday rolled out an aggressive new strategy to restore the United States to full employment and lift inflation back to healthier levels in a world where weak inflation, low interest rates, and slow growth appear here to stay.
Under the new approach, laid out in a fresh statement on the Fed's longer-run goals and monetary policy strategy approved by all 17 of its policymakers, the U.S. central bank will seek to achieve inflation averaging 2% over time, offsetting below-2% periods with higher inflation "for some time."
