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Ms. Hedman says rates are generally expected to return to a more "normal" level of 3 to 4percentt.
As those innovations reach their limits, he suggested, growth will drop to a lower, historically more normal level.
Investors look ahead, and most analysts, myself included, are expecting the growth rate to rebound to a more normal level between April and June.
Last week's interest hike will probably be the first of many, as the Fed raises the federal funds rate to a more normal level.
Does that mean about 1 percentage point per year? A. It's going to take a few years to get back to a more normal level of interest rates.
But Representative Dave Camp, Republican of Michigan and chairman of the Ways and Means Committee, said 59 weeks reflected "the more normal level typically available following recessions".
Similar(23)
He said demand was returning to "much more normal levels".
"Now these outlays should return to more normal levels".
"Customer inventories now are approaching more normal levels," he said.
If so, exchange rates against sterling and the franc will revert to more normal levels.
Management say that January flows have returned to more "normal" levels.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com