- So, sees accommodative policy for as long as necessary
- Links lag in productivity to lack of capital investment
Whoever mentioned her constantly saying “so” yesterday has got me listening out for it now. Next big speech I’m holding a ‘How many “so’s”‘ compo.
- Higher minimum wage likely to have a negative effect on jobs
That’s a big point. Adam highlighted the problems facing wage growth in the US yesterday. Raising the minimum wage is fine in a wage growth environment but not one where it’s subdued.