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Journal Article

Monetary policy and the new normal


Abstract: Is the economy in for a prolonged spell of slow growth, as some believe, or a burst of innovation and productivity? In either event, policymakers must pay close attention to productivity trends.

Keywords: Labor; Productivity; Monetary policy; Economy;

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Bibliographic Information

Provider: Federal Reserve Bank of Philadelphia

Part of Series: Economic Insights

Publication Date: 2016-01

Volume: 1

Issue: 1

Pages: 1-4