23 Sep 2016
Fed's Lockhart: Low productivity growth a "head scratcher" and not easily explained
During a Philadelphia Fed's event with Loretta Mester (Fed's Cleveland) and Patrick Harker (Fed's Philadelphia), Atlanta Fed's President Dennis Lockhart said that low productivity growth is a "head scratcher" and not easily explained.
Key headlines (via Reuters):
- Income inequality among foremost issues facing U.S., with implications for economic growth and U.S. standing in the world