Reported about 10 hours ago
John Williams, president of the Federal Reserve Bank of New York, stated that the period of persistently low neutral interest rates, reflected by R-Star, is likely not over, based on economic trends. During a conference in Mexico City, he highlighted that global demographic and productivity growth continue to push R-Star down despite recent inflation challenges. While there's uncertainty in estimating R-Star, Williams suggested that low rates could reemerge as underlying factors remain unchanged.
Source: YAHOO