Dangerous imbalances can build slowly in a financial system, in ways that may not be obvious to a group of economists whose main focus each month is whether the monetary-policy setting is too hot or cold to hit an inflation target.
Food sales were 5.2% up on March last year but non-food sales fell by 1.4%, dragged down by cold weather which hit clothing and footwear.
In recent days many parts of the UK have been hit by cold weather more akin to winter.
The prolonged cold weather would also hit this autumn's harvest, he said.
Here are a few tips to shop your closet, make old things new again, and renew your excitement for getting dressed in the morning, once you have gotten past the fact that getting out of bed requires getting over the shock to the system when your feet hit the cold floor.
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Punjab and Haryana are among the other northern states badly hit by the cold weather.
Only a fortnight ago, against England, he appeared to be knocked out cold after his head accidentally hit the knee of Ireland team-mate Paul O'Connell.
Wales was hit with an unusually cold spell in the run up to Christmas with snow and sub-zero temperatures affecting most of the country.
It's not easy to hit homeruns there, with cold weather and big parks.
Even the lower post-cold-war recruiting targets have proved hard to hit.
By and large, the benefit and tax changes announced on Wednesday will not do that, though that will be cold comfort for the 400, 000 extra people who will now hit the higher rate income tax threshold in 2014.
The Cold Spring Harbor district used its built-in snow days after Superstorm Sandy hit the region Oct. 29, she said.
An old Remington manual was set up on the table and it refused to move when he hit the Tab key, the fresh oil on its parts turned to gum by the cold.
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