How the Hell Can the Fed Find Neutral When It Doesn't Know What Inflation Is?

How the Hell Can the Fed Find Neutral When It Doesn’t Know What Inflation Is?

SGT Report - 2022-08-06 - Original post - Cached copy

by Mish Shedlock, Mish Talk: The Fed wants to set interest rates at a neutral spot defined as the rate that is neither expansionary nor contractionary. The Fed is certain to fail. TRUTH LIVES on at https://sgtreport.tv/ Debate Over Neutral Fed official displays just how meaningless the concept of a “neutral rate of interest” is … […]

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