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Oil prices feed through to petrol costs, with a lag.
However, unemployment tends to follow economic activity with a lag.
"You will see capital spending come back," he said, "but with a lag".
"Monetary policy works with a lag," said Mr. Reinhart, the former top Fed official.
"It's very likely this will, with a lag, stimulate borrowing and spending in the economy".
With a lag, rate cuts stimulate demand for new capital and consumer durables.
This action accelerates the release of this information, currently available in the minutes with a lag.
Actual numbers for such things are usually available only with a lag.
SNAP participation normally follows U6 with a lag, and is in that sense behaving normally.
Yet political reactions to economic distress have historically come with a lag.
And changes in the Fed funds rate had an inverse effect on the economy, with a lag, of course.
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