BLOOMBERG Bloomberg Bottom Line April 8, 2015
Strain growth for a time. Participants also judged the underutilization of labor resources continuing to diminish. Part of the mandate was being met but the thing Everyone Wants to know is what is going to convince them that inflation is going to be rising toward their target . Participants expressed a range of views about how they would assess the outlook for inflation and when they might deem it appropriate to begin removing policy accommodation. There were no simple criteria for such a judgment. Further improvement to the labor market was one possibility. And a leveling out of the foreignex...