The Fed has a perfect interest rate in mind. Here's what it is | 吃遍台灣美食餐廳

R-star is the real neutral rate of interest that equilibrates the economy in the long run. Less formally, it is the real interest rate that is neither ...

2023年10月3日 — R-star is now between 1.75% and 2% in our estimation.

2023年9月24日 — The interest rate that causes demand for savings to equal demand for investing, is typically denoted as R*. In theory, that perfect rate exists ...

2023年9月18日 — R-star has risen to a range between 1.75% and 2% in our estimation, a marked increase from the 0.5% that had prevailed over the previous 15 ...

The neutral rate of interest (also called the long-run equilibrium interest rate, the natural rate and, to insiders, r-star or r*) is the short-term ...

2023年7月3日 — Most r-star measures focus on estimates of the inflation-expectations-adjusted 3-month rate five to 10 years out. This medium-run horizon ...

由 P Bofinger 著作 — This column introduces a new approach to estimating the neutral rate based on a model where a central bank minimises losses from inflation and ...

Their median estimate represents the most likely value of r-star, which was 1.56 percent at the end of 2018, but that estimate exists in a range of potential ...

2023年6月13日 — By definition, R-star is the real interest rate that is neither expansionary nor contractionary when the economy is at full employment. If the ...