Fed links rates to US unemployment

Financial Times – 6 hours ago
It is the first time a large central bank has ever tied its interest rate policy directly to the state of the economy. The Fed said it expects to keep rates low as long as its inflation forecast stays below 2.5 per cent.
Canadians worried about impact of US fiscal cliff

Toronto Star – 2 hours ago
The fiscal cliff south of the border is driving Canadians around the bend, a new survey shows. Almost two-thirds of Canadians are worried that the impending U.S.