Something the Federal Reserve assures us is that they need to track inflation to help keep the economy on track. Amarnath would set a floor on GLI as a trigger, just as we currently use levels of inflation as guideposts. If GLI growth fell through the floor, it would be an additional indicator that action might be necessary. Average growth is just that: average. Or perhaps show median levels across quartiles or deciles for greater insight.

Source: Forbes May 27, 2019 00:00 UTC