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Economics

Chief economist update: The Fed has hit neutral

The US Federal Reserve has reached neutral - the "neutral interest rate" level, that is - the Goldilocks state of monetary policy where it is neither accommodative nor restrictive.

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Read more: Fed,  Committee,  Goldilocks,  Banking,  Brexit,  China,  Core PCE,  Donald Rumsfeld,  Europe,  Financial Services,  FOMC,  House of Representatives,  Housing,  Urban Affairs of,  US Federal Reserve Chairman Jerome Powell,  US Senate