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Wall Street Journal Fed insider Timiraos expects higher Fed 'neutral' rate ahead

Wall Street Journal Fed insider Timiraos expects higher Fed 'neutral' rate ahead
Nick Timiraos in the Wall Street Journal over the weekend says to expect higher rates ahead. Despite the Federal Reserve’s raising interest rates to a 22-year high, the economy remains surprisingly resilient, with estimates putting third-quarter growth on pace to easily exceed its 2% trend. It is one of the factors leading some economists to question whether rates will ever return to the lower levels that prevailed before 2020 even if inflation returns to the Fed’s 2% target over the next few ye... Read More
Posted: Aug 20 2023, 22:40
Author Name: forexlive
Views: 102560

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