-
Fed’s Williams Says Long-Term Trends Still Back Low Neutral Rate
Federal Reserve Bank of New York President John Williams said the longer-term trends that led to declines in neutral levels for interest rates before the pandemic still prevail. “My own Holston-Laubach-Williams estimates for r-star in the United States, for Canada and the euro area are about the same level as they were before the pandemic,” Williams said Friday on a panel organized by the Central Reserve Bank of Peru, referring to his model’s estimate for the neutral rate which neither stimulates nor slows the economy. That suggests underlying trends that supported low rates pre-pandemic “are still very much ... (full story)
- Comments
- Subscribe
-
- Older Stories
From axios.com|Jul 19, 2024|5 commentsThe Swifties are wreaking havoc across the Atlantic — or, at least on European economic data. Why it matters: "The Eras Tour" is a source of faster price increases as concertgoers ...
From cnn.com|Jul 19, 2024Stocks are soaring this year, but that could soon change as election chaos takes the market on a rollercoaster ride. The S&P 500 is up more than 16% so far this year and hasn’t ...
From raymondjames.com|Jul 19, 2024As we start the second half of the year and as we approach next week’s release of the preliminary report on real GDP for the second quarter of the year, we continue to expect ...
-
- Newer Stories
From economics.bmo.com|Jul 19, 2024Economic indicators have gotten so downbeat over the last two months, with most coming in far below economists’ forecasts, that one would be forgiven for wondering if the economy ...
From youtube.com/cmegroup|Jul 19, 2024U.K. retail sales data weak paired with lower than expected employment data today. Bob Iaccino has more information.
From econoday.com|Jul 19, 2024There are no Fed policymakers on the calendar due to the communications blackout period around the June 30-31 FOMC meeting. The period runs from midnight on Saturday, July 20 ...
- Story Stats
- Posted: Jul 19, 2024 2:28pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 3,527
- Linked event:
