The Federal Reserve’s decision to reduce its benchmark federal funds rate by a half percentage point has overshadowed thereleased last week alongside the Fed’s interest rate cut showed that the median forecast for the fed funds rate over the longer-term rose to 2.9 percent. This has risen three times this year, once for each of the releases of the projections. The projection is now higher than it has been since September 2018.
To understand what this means, it is important to remember that the Fed treats the two percent inflation target as. The fed funds rate and the unemployment rate get adjusted around what the Fed thinks will be required for the two percent inflation target. The median expectation for longer-run rate of unemployment has been as high as five percent and as low as four percent. It is currently at 4.2 percent.
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:
Россия Последние новости, Россия Последние новости
Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей
Breitbart Business Digest: Democrat Senators Demand Super-Sized Rate CutSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Источник: BreitbartNews - 🏆 610. / 51 Прочитайте больше »
Breitbart Business Digest: Many Americans Don’t Believe Inflation Is Getting BetterSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Источник: BreitbartNews - 🏆 610. / 51 Прочитайте больше »
Breitbart Business Digest: The Fed Does Not Need to Rush to Cut RatesSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Источник: BreitbartNews - 🏆 610. / 51 Прочитайте больше »
Breitbart Business Digest: Kamala Harris Runs a Campaign Based on Partisan Hope and DeceitSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Источник: BreitbartNews - 🏆 610. / 51 Прочитайте больше »
Breitbart Business Digest: Inflation Leaves the Middle Class Too Poor to Shop at Dollar StoresSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Источник: BreitbartNews - 🏆 610. / 51 Прочитайте больше »
Breitbart Business Digest: What The Election Means for Fed PolicySource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Источник: BreitbartNews - 🏆 610. / 51 Прочитайте больше »