- There is a way to go before Fed can claim it has reached the objective of maximum employment
- There is some evidence to suggest that America is losing it’s economic mojo. This is a call to action
- Monthly average payrolls appeared to have slowed, labour productivity growth is averaging significantly below historical norms
- Monetary policy can help deliver favourable interest rates in context of low inflation
- The slowing of US economic dynamism can be explained by the recent recession and slow recovery, is likely cyclical and the rest needs creative leadership
Anyone seen Lockhart’s mojo?
