Federal Reserve official Bostic: Expect nominal neutral interest rate to be between 3% and 3.5%
This article is machine translated
Show original
Odaily reports that Federal Reserve official Bostic said that the nominal neutral rate is expected to be 3%-3.5%, and the time it takes to reach the neutral rate depends on the state of the economy. They are prepared to hold steady for a period of time and then proceed with rate cuts. The current uncertainty is increasing, and they hope to remain cautious and avoid having to adjust policy in one direction later.
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content