The pre-crisis definition of ‘snapback': 5-6%
The New Normal definition: 3-4%
Other comments from Williams:
- Sees unemployment at 6% at the end of 2014, 5.5% next year
- Expects total growth of 2.5% this year
The pre-crisis definition of ‘snapback': 5-6%
The New Normal definition: 3-4%
Other comments from Williams:
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