July 6, 2014

Yellen, Fed should fight inflation hawks with facts

The U.S. economy added a whopping 288,000 jobs in June — even better than expected. Unemployment dipped to 6.1 percent, the lowest since September 2008. The major stock market indexes are setting almost-daily records. Manufacturing is booming. Housing is rebounding. Consumers are spending. Even General Motors eked out a sales increase last month.

Related content