U.S. | Natural Interest rate: uncertainties and policy implications
Published on Friday, August 25, 2017
U.S. | Natural Interest rate: uncertainties and policy implications
Summary
Structural factors explain the secular decline in the natural interest rate. Although the natural interest rate will edge up, it will remain below historical average. Monetary policy normalization will be achieved with a low federal funds rate
Geographies
- Geography Tags
- Global
Topics
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- Macroeconomic Analysis
Authors
Kan Chen
Nathaniel Karp