Federal Reserve Chairman Walsh: Most of the results of the Fed's work is reflected on the left side of the decimal point Note: This means that the main impact of the Fed's policy is reflected in changes in core macroeconomic indicators at the integer level, such as overall employment and output, rather than detailed interest rate adjustments after the decimal point.

Federal Reserve Chairman Walsh: Most of the results of the Fed's work is reflected on the left side of the decimal point Note: This means that the main impact of the Fed's policy is reflected in changes in core macroeconomic indicators at the integer level, such as overall employment and output, rather than detailed interest rate adjustments after the decimal point.