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Powell wants to get rates closer to neutral. But what's that? Think between 5% and 6%, former top Fed staffer says

With inflation surging better than any individual anticipated, Fed Chairman Jerome Powell, has laid out a policy path where the Fed is likely to transfer quickly to get its policy rate up to “to a more neutral level” of curiosity costs, and possibly increased if essential. “There is an obvious […]
Powell wants to get rates closer to neutral. But what's that? Think between 5% and 6%, former top Fed staffer says

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