So what does that tell you? What do you surmise is their thinking?
I think it bodes well, that they are thinking that the economy needs to grow a bit faster, and that this is an opportunity to slow the interest rate growth to allow business to crank up a bit more with slower rate rises. Maybe even saying that the Fed might consider slowing the pace of the rate rise, so that they can get a little hotter economy.
But then again, I may be way off base.
What do you think it means?
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