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One of the dot plots from a FOMC member released today -- they are anonymous, so we do not know which one -- specifically forecast (i.e., advocated for) negativ
by malchow 11y ago
One of the dot plots from a FOMC member released today -- they are anonymous, so we do not know which one -- specifically forecast (i.e., advocated for) negative real interest rates.
EDIT:
Here it is: http://fm.cnbc.com/applications/cnbc.com/resources/files/2015/09/17/Screen%20Shot%202015-09-17%20at%202.03.10%20PM.png http://fm.cnbc.com/applications/cnbc.com/resources/files/201...
And here is this past June's dot plot:
http://fm.cnbc.com/applications/cnbc.com/resources/files/2015/09/17/june-dot-plot.jpg http://fm.cnbc.com/applications/cnbc.com/resources/files/201...
- toomuchtodo 11y agoSavings rate in the US is already close to zero. Unlike other countries/fiscal unions where savings rates are higher, I'm not sure negative rates would do any good in the US (other than causing businesses with large cash positions to move them to other currencies). With that in mind, I can't think of a safe currency to move to outside of dollars. Strange times.