They've been arguing that the amount of excess slack in the economy has been understated thus far, and if that's what they believe, then that would argue for a later tightening. Andrew Kelvin More Quotes by Andrew Kelvin More Quotes From Andrew Kelvin As much as it's a very strong headline number the underlying is not quite as promising. Andrew Kelvin industrials When we get to July we will be presumably through these third-wave lockdowns and the economy looks to be further along its path towards full recovery. Andrew Kelvin
