Macro Musings with David Beckworth cover image

Raphael Bostic on Life as a Regional Fed President, the Responsibilities of a Dual Mandate, and the Results of the 2025 Framework Review

Macro Musings with David Beckworth

00:00

What Is the Long-Run Neutral Interest Rate?

David asks about r-star; Bostic estimates around 1–1.25%, notes fiscal pressures and demographics, and sees r-star rising from near zero.

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