<html><body><p>Stronger productivity growth <a href="https://quotes.tuteehub.com/tag/would-1167" style="font-weight:bold;" target="_blank" title="Click to read more quotes about WOULD">WOULD</a> <a href="https://quotes.tuteehub.com/tag/tend-2262" style="font-weight:bold;" target="_blank" title="Click to read more quotes about TEND">TEND</a> to raise the average level of interest <a href="https://quotes.tuteehub.com/tag/rates-8882" style="font-weight:bold;" target="_blank" title="Click to read more quotes about RATES">RATES</a> and, <a href="https://quotes.tuteehub.com/tag/therefore-2630" style="font-weight:bold;" target="_blank" title="Click to read more quotes about THEREFORE">THEREFORE</a>, would provide the Federal Reserve with greater scope to <a href="https://quotes.tuteehub.com/tag/ease-4953" style="font-weight:bold;" target="_blank" title="Click to read more quotes about EASE">EASE</a> monetary policy in the event of a recession.</p></body></html>

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Stronger productivity growth WOULD TEND to raise the average level of interest RATES and, THEREFORE, would provide the Federal Reserve with greater scope to EASE monetary policy in the event of a recession.

Author - Janet Yellen Subject - Productivity

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Stronger productivity growth WOULD TEND to raise the average level of interest RATES and, THEREFORE, would provide the Federal Reserve with greater scope to EASE monetary policy in the event of a recession.

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Stronger productivity growth WOULD TEND to raise the average level of interest RATES and, THEREFORE, would provide the Federal Reserve with greater scope to EASE monetary policy in the event of a recession.

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