The Zhitong Finance App learned that a recent study by San Francisco Federal Reserve economist Vasco Curdia estimates that the medium term neutral interest rate for the US economy is about 1.5%, but there is great uncertainty about this estimate. This estimate suggests that the Federal Reserve's current policy interest rate may be relaxed.

The Zhitong Finance App learned that a recent study by San Francisco Federal Reserve economist Vasco Curdia estimates that the medium term neutral interest rate for the US economy is about 1.5%, but there is great uncertainty about this estimate. This estimate suggests that the Federal Reserve's current policy interest rate may be relaxed.