Natural Interest Rate Bleg | Mercatus Center

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    classical liberal values with new and innovative thinking
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    underrated thinkers
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    Deep dives into critical
    macroeconomic issues
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    Explorations of vital questions
    in Indian political economy
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Monetary Policy

Expert Commentary

December 14, 2018

Natural Interest Rate Bleg

Scott Sumner

Ralph G. Hawtrey Chair of Monetary Policy

What does the term "natural rate of interest" signify in monetary policy? Even Scott Sumner is confused.

Monetary Theory

Federal Reserve