2min chapter

Forward Guidance cover image

Rate Cuts May Not End Fed's Quantitative Tightening | Former Atlanta Fed President Dennis Lockhart

Forward Guidance

CHAPTER

The Effect of Interest Rates on Economic Activity

Ferris Day: How would you say interest rates actually affects economic activity? He says it's a blunt tool that is the interest rate tool. There are times in which it's going to be more effective than others, he says. Ferris Day: The economy has been somewhat strong over the past year or so.

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