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
———-
Like this video? Subscribe https://www.youtube.com/@Bloomberg-News
Bloomberg News is the first word in business news. Visit bloomberg.com for the latest on global business, markets and more.
Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginals
Bloomberg on YouTube:
https://www.youtube.com/@business
https://www.youtube.com/@markets
https://www.youtube.com/@BloombergTech
https://www.youtube.com/@BloombergPodcasts
Connect with us on social:
https://www.instagram.com/bloombergbusiness
https://www.linkedin.com/company/bloomberg-news
@bloombergbusiness
https://www.facebook.com/bloombergbusiness
source
