News list for "Since the COVID-19 pandemic"

The neutral level of the central bank's policy rate may have risen since the COVID-19 pandemic, according to Bowman, a Federal Reserve governor. Several factors, such as low borrowing costs and supportive fiscal policy, immediately took hold in the wake of the pandemic, according to Bowman, which kept the U.S. economy on a mostly solid footing even after the Fed's big rate hikes in 2021 and 2022. The same factors could cause the so-called neutral rate to rise. Economists also refer to this level...

2025-03-07 15:32:35