More Kashkari: Neutral rate is likely higher now than where it was pre-pandemic ...Middle East

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More Kashkari: Neutral rate is likely higher now than where it was pre-pandemic
More from Fed's Kashkari: Neutral right is likely higher than pre-Covid levelsIf US debt continues to increase then the neutral rate will also increaseEven though the neutral rate is thought to be higher than pre-pandemic, it is still lower than current Fed funds target. This is why feds Powell calls the decline in rates a recalibration. Rates at current levels are still thought to be restrictive - even with a higher neutral rate.. This article was written by Greg Michalowski at www.forexlive.com.

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