The ultra-low rates of the 2010s led many consumers to expect the Fed’s “neutral” rate—neither accommodative nor restrictive—would remain near zero. Older consumers recall that in preceding decades the ‘neutral’ rate frequently approached double digits. As the Fed prepares to cut rates again, should consumers brace for a return to 1980s-style interest rates? Presented by @cmegroup
https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight
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