Fed's Kroszner on productivity growth

In the speech 'What drives productivity growth? Implications for the economy and prospects for the future' given on 27 September Randall Kroszner of the Federal Reserve said that strong U.S. productivity growth since the mid-1990s seemed set to persist for some time and the best way to ensure it was by keeping markets open.

In a speech to the Forecasters Club of New York, he said not only new technology coming on stream but also innovative ways of applying it will let businesses keep raising

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