EFTA Document EFTA01358255

stability target of 2% in a stable manner, a further increase in inflation expectations is necessary." It also said that while the overall results have been broadly in line with expectations "... [the] demand component data for real GDP -- particularly private consumption -- point to considerably weaker improvements than predicted? even if, on the other hand, actual increases in corporate profits and employee income have noticably exceeded expectations. And an empirical regime-switching model