spiritual
@sp0
According to a report by Golden Jubilee, Chicago Fed President Austin Gusby and Fed Governor Michelle Bauman expressed completely different views on the theoretical neutral interest rate level, which refers to the interest rate level that can balance the Fed's various economic goals. Gusby emphasized that the Federal Reserve still needs to further cut interest rates to reach this level - he called the rate "far below the level we are currently at". Bauman, on the other hand, said, 'We may be closer to a neutral policy stance than we currently believe.'. FHN Financial's Will Conneller pointed out that it is not surprising to see such divergence, given that in the September forecast, Fed officials anonymously estimated the neutral interest rate range to be between 2.375% and 3.75%. @tifer
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