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.