Federal Reserve Officials Search for the Elusive ‘Neutral’ Interest Rate
Illustration: Johanna Walderdorff For Bloomberg Businessweek

Federal Reserve Officials Search for the Elusive ‘Neutral’ Interest Rate

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(Bloomberg Businessweek) -- The word “neutral” is usually as boring as beige. But not when it’s coupled with “interest rate.” Stocks leaped on Nov. 28 when Federal Reserve Chairman Jerome Powell op...
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