Fed's Ferguson on equilibrium real interest rate
"I believe it to be very important that the FOMC (Federal Open Market Committee) not go on a forced march to some point estimate of the equilibrium real federal funds rate," Ferguson said. "In my judgment, we should remove the
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com
More on Monetary Policy
Rates round-up: Albania, Iceland, Macedonia, Moldova, Poland
Energy prices, geopolitical uncertainty begin to bite non-eurozone countries
Bank of Japan official reaffirms rate hike path
BoJ’s journey to policy normalisation continues as wage growth stays strong
Fed can afford to wait on rates, say regional heads
Atlanta and Chicago presidents say uncertainty over economy means it’s too soon to talk of more cuts
Trump reverses course on Fed decision
US president says central bank was right to hold rates in January
Colombia unexpectedly holds policy rate
Central bank pauses easing cycle as minimum wage hike complicates inflation dynamics
Argentina cuts rates by 300bp to 29%
Central bank will also slow peso’s monthly devaluation rate, starting from next week
South Africa delivers third successive rate cut
Move comes as inflation remains at lower end of target range
European Central Bank makes 25bp cut
Lagarde “confident” EU central banks will not add crypto to their reserves