shortfall

The change is significant for the central bank, because it means that Fed officials will accept higher inflation to make up for its previous shortfalls below 2%.

These are in advanced stages of testing, but there is no guarantee they will work, and there could be supply shortfalls.

Those include layoffs from local and state governments, which are facing huge budget shortfalls.

In its new statement on longer-run goals, the Fed said its decisions would be informed by its assessment of “shortfalls of employment from its maximum level.”

Now, legislators are scrambling to close huge budget shortfalls in some of America’s western states.

We learn early on, for instance, that the Philadelphia school system faces a $300 million budget shortfall.

Politico reported on New Jersey's $807 million revenue shortfall and over $1 billion budget gap.

Indeed, to end mass unemployment and chronic joblessness, we need to focus on the underlying problem: Our demand shortfall.

“Service is where we are experiencing the greatest shortfall and where will be focusing the majority of our efforts,” he said.

It was thanks to Woody that the 2008 Republican National Convention's $10 million shortfall was met.

And every year afterward will bring a new shortfall, bigger than the year before.