Maximum is a curious term for this 5% zone
One wonders how this translates
Perhaps
Anything much lower then this zone leads to ever accelerating wage rate gains or the like
Ever accelerating
Recall above this zone leads to ever decelerating wage rate gains
Errr up to the zero gain barrier that is
Price stability of course is another curious fed term
Translates as
Stable and low price inflation
Do these off target terms have a conditioning effect
On expert thought processes ?
