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US Deficits Driving Neutral Rate Higher-SEC's Ghamami
MNI FedSpeak Podcasts
23 minutes
10 months ago
US Deficits Driving Neutral Rate Higher-SEC's Ghamami
SEC Economist Samim Ghamami says the neutral rate of interest has risen because of higher U.S. budget deficits, meaning the Fed is likely to cut rates less than otherwise in this cycle.