Today news
About the same in other media
Interest Rates Are Well Below What Academic Formulas Suggest, Fed Report Says
Reading now: 581
wsj.comSeveral simple mathematical formulas used to inform where interest rates should be set under current economic conditions show that high inflation would call for the Federal Reserve to set rates between 4% and 7% this year, according to a report released by the central bank on Friday.
The Fed consults such policy-setting rules but doesn’t unconditionally follow them when setting interest rates because they take into account a narrow set of economic data and they don’t account for the central bank’s difficulty stimulating growth during downturns when rates are pinned near zero.
Read more on wsj.comAbout this in other media
Watch Fed Chair Powell talk live about the economy, interest rates at ECB forum cnbc.com /1 year ago
Inflation and rising interest rates have stressed the 60/40 investment portfolio strategy — 'but it's not dead,' says financial advisor cnbc.com /1 year ago
Barclays to buy Kensington Mortgages as interest rates rise theguardian.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
