FOMC thinks US non-accelerating inflation rate of unemployment (NAIRU) is as low as 4.5%. @DeutscheBank Torsten Slok https://t.co/gkuLWgynIH
"Unlike businesses, central banks are designed to make money only in the most literal sense." Cracking opening line from Augustin
"Unlike businesses, central banks are designed to make money only in the most literal sense." Cracking opening line from Augustin Cartens @BIS_org op-ed in @FT