(Reuters) - But the pace at which labor supply growth will slow is far
from clear, as debate at a conference hosted by the Boston
Federal Reserve Bank this week showed, and the Fed faces a
tough task as it seeks to properly calibrate interest rates.
The outlook may be dire. A paper presented by Bruce Fallick
of the Federal Reserve Board and Jonathan Pingle at Brevan
Howard Asset Management showed the projected population aging
will lower the aggregate labor force participation rate by 6
full percentage points over the next 35 years.
Read more at Reuters.com Bonds News
from clear, as debate at a conference hosted by the Boston
Federal Reserve Bank this week showed, and the Fed faces a
tough task as it seeks to properly calibrate interest rates.
The outlook may be dire. A paper presented by Bruce Fallick
of the Federal Reserve Board and Jonathan Pingle at Brevan
Howard Asset Management showed the projected population aging
will lower the aggregate labor force participation rate by 6
full percentage points over the next 35 years.
Read more at Reuters.com Bonds News
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