playtoearncryptogamesfreetoplay| "Summers strongly supports: The Federal Reserve does not need to cut interest rates, the neutral interest rate exceeds 2.6%!"

Former US Treasury Secretary Summers believes that the Fed does not need to cut interest rates at present, and the neutral federal funds rate is higher than 2.Playtoearncryptogamesfreetoplay.6 per cent] the US consumer price index (CPI) was released this week and the results surprised many observers. However, former US Treasury Secretary Summers was not surprised. He believes that the current economic situation in the United States does not support the Federal Reserve to cut interest rates. This is mainly due to fiscal stimulus driven by low unemployment and budget deficit, which has enabled the US economy to grow faster thanPlaytoearncryptogamesfreetoplayPotential. Summers pointed out that according to the available data, the neutral federal funds rate is actually much higher than the 2% that the Fed has always used as a guide.Playtoearncryptogamesfreetoplay.6% level. That means there is no need for the Fed to stimulate the economy by cutting interest rates at the moment. In addition, he noted that the CPI data released this week were skewed because of problems with the way housing costs were calculated. To sum up, Summers believes that the Fed does not need to cut interest rates in the current situation. The fact that the US economy is growing faster than its potential also means that the Fed may continue to maintain its current interest rates for some time to come. Risk Tip of Hexun self-selected WriterPlaytoearncryptogamesfreetoplayThe above content is only the views of the author or guest, does not represent any position of Hexun, and does not constitute any investment suggestions related to Hexun. Before making any investment decision, investors should consider the risk factors related to investment products according to their own circumstances and consult professional investment advisers if necessary. Hexun tries its best but cannot confirm the authenticity, accuracy and originality of the above content, and Hexun does not make any guarantee or commitment.

Tags:

Prev: houseoffuncoins| Guangzhou UnionPay helps Canton Fair: 65% of merchants support foreign cards, and 95% of ATMs cover, improving payment convenience!
Next: superslotsnodepositbonus|你恐慌我贪婪！近40亿资金借ETF离场，这只ETF竟被抛了20亿元，但券商正被主力大手笔抄底