Fed’s Waller Says Factors That Lowered Neutral Rate May Reverse
Federal Reserve Governor Christopher Waller said the decline in the neutral interest rate over time is likely due to significant changes in demand for safe assets globally, though he warned that unsustainable fiscal spending could alter that trend. #press
https://www.bloomberg.com/news/articles/2024-05-24/fed-s-waller-says-factors-that-lowered-neutral-rate-may-reverse?utm_source=press.coop