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But they are avoiding talking about the recovery in upbeat tones, lest investors jump to the conclusion that the bank wants to move back to normal quickly.
With interest rates at or near historic lows in most member countries, the organization said monetary policy was appropriate for current conditions, and rates should move back to normal levels only "by the time inflationary pressures begin to be felt".
The world needs to move back to normal (higher) interest rates.
The ISM warned that this is going to take some time to move back to normal levels of output.
A move back to normal in the economy and in interest rates may well drive a return to normal (which is to say lower) stock valuations as well.
O'Leary said, however, that the site will not be moving back to normal newspaper headlines: "I think that, as someone with a newspaper background, traditional headlines are broken".
"But then when I'm elsewhere, I hardly think about it at all, like my life is moving back to normal.
Each month Trulia's Housing Barometer charts how quickly the housing market is moving back to "normal". We summarize three key housing market indicators: construction starts (Census), existing home sales (NAR) and the delinquency-plus-foreclosure rate (LPS First Look).
Each month Trulia's Housing Barometer charts how quickly the housing market is moving back to "normal". We summarize three key housing market indicators: construction starts, existing home sales and the delinquency-plus-foreclosure rate.
Each month, Trulia's Housing Barometer charts how quickly the housing market is moving back to "normal".
It was also hard to "keep the story moving" back to normal, since they kept having to "re-use the premise".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com