She talked about one -
time factors dampening price growth, predicting that as soon as these faded, inflation would firm up and begin to reflect the tight labor market.
Not exact matches
Any feedback into prices is
dampened by the low level of wage growth, rebalancing of
factor shares, and a relatively low correlation that has developed over
time re the price - wage relationship.
Dampening the impact of these
factors were higher personal income tax revenues, up 13.6 % (reflecting in part the
timing of receipts), and lower employment insurance benefits, down 10.7 % (reflecting a decrease in the number of unemployed).
I haven't thought much about the THC although I've expressed doubt about seeing large regional cooling if it did shut down or change direction, mainly because global warming is so rapid that any cooling effect with
time would be
dampened by warming
factors going on.