Hilljack b/w Cedar

by Upstairs

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	1.	Hilljack 02:38		buy track
	2.	Cedar 03:27		buy track

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Nevertheless, the fundamentals are in place for a return to sustained healthy growth: Imbalances in inventories and capital goods appear largely to have been worked off; inflation is quite low and is expected to remain so; and productivity growth has been remarkably strong, implying considerable underlying support to household and business spending as well as potential relief from cost and price pressures. In considering policy actions this year, the Federal Open Market Committee has recognized that the accommodative stance of policy adopted last year in response to the substantial forces restraining the economy likely will not prove compatible over time with maximum sustainable growth and price stability. But, with inflation currently contained and with few signs that upward pressures are likely to develop any time soon, we have chosen to maintain that stance pending evidence that the forces inhibiting economic growth are dissipating enough to allow the strong fundamentals to show through more fully.

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released March 20, 2020

Upstairs: Paul, Audrey, Geoff, Jon, Kyle

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Upstairs Chicago, Illinois

picture a bottomless pit

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