Some Q&A for Kappers

  • Global deflationary forces are still powerful

  • Sees a gradual increase in inflation

Today's numbers were hardly a "gradual increase" expected or not.

  • Without a trade relationship with Mexico there would be jobs lost to Asia and elsewhere

Is that a jibe at Trump or an insinuation of 'better the devil you know'?

  • We need a better balance between monetary and fiscal policy

  • More growth and structural reforms would allow faster hikes

  • Failure to grow the labour force means carrying more debt
  • Immigration is vital to growing the labour force

And that's yer lot.