A researched at the San Francisco Federal Reserve has come with a prediction of “a very gradual rise” in the neutral rate of interest
– Referred to as r-star in standard economic models, from near-zero in 2016 to about 1 percent in 2026
A researched at the San Francisco Federal Reserve has come with a prediction of “a very gradual rise” in the neutral rate of interest
– Referred to as r-star in standard economic models, from near-zero in 2016 to about 1 percent in 2026