Natural Rates and Terminal Fed Funds
Marc Chandler
August 30, 2016
The market recognizes that the indication by the FOMC at the end of last
year that four rates hikes in 2016 may be appropriate was far from the
mark. At the same time, investors are coming around to the prospects
that the Fed is not one and done either.
A key issue for investors and policymakers is what is the terminal rate for Fed funds. This …
A key issue for investors and policymakers is what is the terminal rate for Fed funds. This …
Natural Rates and Terminal Fed Funds
Reviewed by Marc Chandler
on
August 30, 2016
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