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Tuesday, August 1, 2017

Fed Neutral Rate Estimate Drops, Lowest in Over Two Years

The so-called neutral U.S. interest rate fell in the second quarter by the most since 2010, according to a widely-cited estimate produced by Federal Reserve economist Thomas Laubach and San Francisco Fed President John Williams. The theoretical rate known in economic circles as “r-star” -- which is...

Fed Neutral Rate Estimate Drops, Lowest in Over Two Years

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