Home Fed’s Powell: Estimates of neutral policy rate, maximum employment highly uncertain

Fed’s Powell: Estimates of neutral policy rate, maximum employment highly uncertain

Updated: 28 Nov. 2018 | 18:52

Following his introductory speech, FOMC Chairman Jerome Powell is now responding to questions at the Economic Club of New York luncheon.

Key quotes (via Reuters)

Estimates of neutral policy rate, maximum employment highly uncertain.
Gradual rate hikes meant to keep risks at bay, learning as you go.
Too soon to say that recent financial market volatility changes estimates of neutral policy, maximum employment.

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