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EconomyFed policy stance may be accommodative, San Francisco Fed paper says

The Federal Reserve’s current policy rate is likely accommodative when compared with a medium-run estimate of the neutral rate, the borrowing-cost level that neither restrains nor stimulates the economy, according to research published Monday by the San Francisco Fed.

Federal Reserveinterest ratesneutral rate

RReuters★★☆☆☆2026-08-17 22:35Original

Fed policy stance may be accommodative, San Francisco Fed paper says
Fed policy stance may be accommodative, San Francisco Fed paper saysEconomy