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Current US monetary policy may already be accommodative if underlying inflation is 2.5% or higher, Nick Timiraos says. He cites a San Francisco Fed estimate put

BWB News TV • 2026-08-17 17:51 UTC • By Billy Odell Tucker-Robinson
Current US monetary policy may already be accommodative if underlying inflation is 2.5% or higher, Nick Timiraos says. He cites a San Francisco Fed estimate put
Current US monetary policy may already be accommodative if underlying inflation is 2.5% or higher, Nick Timiraos says. He cites a San Francisco Fed estimate putting the medium-run neutral rate near 1.5%; July core CPI was 2.5%.
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