Jobs-inflation trade-off hard to spot under good monetary policy - BoE's Tenreyro

MANCHESTER, England (Reuters) - Economists will find it hard to identify the relationship between inflation and the amount of slack in the economy when central banks are pursuing optimal monetary policy, Bank of England policymaker Silvana Tenreyro said on Tuesday."That you don't see a relation between inflation and slack is precisely what you’d expect when policymakers are optimising," Tenreyro told the European Economics Association's annual conference in Manchester."If monetary policy..