Fed’s Cook Q&A: We’ll only know if neutral rate is higher after-the-fact

  • Not sure if neutral rate is higher or not

That’s the right answer. There are so many people forgetting that the US is running a 7-8% of GDP deficit right now.

  • It will be left to Congress, fiscal authority, to address impact of AI on workers and wages
  • End of negative rates in Japan will be studied for its impacts, as are other overseas policy developments

This article was written by Adam Button at www.forexlive.com. Source