Yellen: Four levels of uncertainty 

Author: Greg Michalowski | Category: News

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  1. The first involves the thrust and resilience of domestic demand
  2. The second uncertainty pertains to the economic situation abroad..  Brexit could have signficant economic repercussions
  3. A third key uncertainty for the U.S. economy is the outlook for productivity growth--that is, increases in the amount of output produced per hour worked. Productivity growth is a key determinant of improvements in living standards.
  4. A fourth important uncertainty for the economic outlook involves how quickly inflation will move back to 2 percent.
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