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Fed official Bostic: Nominal neutral Interest Rate is expected to be between 3% and 3.5%.
Odaily Planet Daily News According to Federal Reserve official Bostic, the nominal neutral Intrerest Rate is expected to be 3%-3.5%, and the time required to reach the neutral Intrerest Rate depends on the economic development. Prepare to wait for a period of time and then cut interest rates. Current uncertainties are intensifying, and it is hoped to maintain caution and avoid having to adjust after the policy tilts in a certain direction.