If the unemployment rate were to be moving materially in the wrong direction and there was no further progress being made towards the inflation target, the balance of arguments would tilt towards a further easing of monetary policy.
In Governor Blackman’s view, Bruce had talent so great, networking connections so vast, and a capacity for service so tremendous that he could not be contained within the confines of his native land. It was thus not surprising that his last days were spent in the service of Africa.