Meanwhile, the U.S. economy has continued to perform well overall, driven by consumer spending. Job creation has slowed from last year’s pace but is still above overall labor force growth. Inflation seems to be moving up closer to 2 percent.
I have been proud to represent the Bundesbank – in various national and international bodies as well as to the general public. This would not have been possible without the proficient support and unstinting dedication of the staff; without the many analyses, memos, briefings and meeting dossiers; in short, without the solid work put in across all areas of the Bank.