by Calculated Risk on 11/28/2018 12:04:00 PM
Wednesday, November 28, 2018
From Fed Chair Powell: The Federal Reserve's Framework for Monitoring Financial Stability
Interest rates are still low by historical standards, and they remain just below the broad range of estimates of the level that would be neutral for the economy‑‑that is, neither speeding up nor slowing down growth. My FOMC colleagues and I, as well as many private-sector economists, are forecasting continued solid growth, low unemployment, and inflation near 2 percent.CR note: This seems pretty consistent with prior comments.
Posted by Calculated Risk on 11/28/2018 12:04:00 PM