Chicago Fed President and Fed Governor Disagree on Neutral Interest Rate Level

Chicago Fed President Goolsby and Federal Reserve Governor Bowman have different views on the neutral interest rate level. Goolsby says the Fed needs to cut rates further t

o reach the level, while Bowman believes they may be closer than previously thought. The September forecast estimated the neutral rate range to be between 2.375% and 3.75%.

Source

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *