- Removing policy accommodation prematurely could risk breaking the momentum of the expansion
- Decline of unemployment to 6% may take 4 years
- Expects 2.5% growth in 2012, 3% growth in 2013
- Economy ‘faces a number of headwinds’
- Sees evidence economic growth is ‘self-sustaining’
Pianalto often sticks close to the center but she can be dovish so the headline comment is a bit of a surprise.
