• 11/25/2024

A ‘New Normal’ for Rates? Not So Fast, Says Fed Research

Wall Street Journal

A top Federal Reserve official presented research Friday showing the Covid-19 pandemic didn’t change estimates of a “neutral” interest rate that neither stimulates nor restricts demand.

https://www.wsj.com/articles/a-new-normal-for-rates-not-so-fast-says-new-fed-research-6add6097