Riedl, Aleksandra; Schneider, Martin; Schreiner, Josef - In: Monetary Policy & the Economy (2011) 1, pp. 6-20
U.S. economic growth has been gaining momentum, with the annualized growth rate of real GDP reaching 3.1% in the fourth quarter of 2010. Factoring in this good performance, the IMF has revised upward its economic outlook for 2011 by 0.7 percentage points to 3.0%. At the same time, the labor...
