The Neutral Rate and the Summary of Economic Projections
Abstract: This note uses information provided in the quarterly Summary of Economic Projections (SEP) of FOMC meeting participants to extract estimates of the neutral federal funds rate--defined as the value of the federal funds rate that is "neither expansionary nor contractionary if the economy were operating near its potential"--in the short and longer run.
File(s): File format is text/html https://www.federalreserve.gov/econresdata/notes/feds-notes/2016/neutral-rate-and-the-summary-of-economic-projections-20161128.html
Provider: Board of Governors of the Federal Reserve System (U.S.)
Part of Series: FEDS Notes
Publication Date: 2016-11-28