Cameron Crise On Fed’s Balance Sheet Problem, Equity Drawdowns and Inflation
Macro Hive Conversations With Bilal Hafeez
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Is the Short Term Neutral Nominal Rate Too Low?
The mock is currently pricing a peak for the fed of for ound, say, three and a half % or so. Do you think that's just too low? I mean, that theyd have to at least go to four and a half or five? Or do you think it's still an open question,. They've got this idea that the long term neutral nominal rate is around two and a half. Maybe that's right, maybe it isn't, but on a short run basis, we've got no clue.
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