Accommodations Quote by Michael H. Moskow
“For me, appropriate policy means that we continue to reduce accommodation and return to a neutral federal funds rate”
About This Quote
Source Testimony: Federal Reserve Hearing, 2022
Policy should aim to lower accommodation and return to a neutral interest rate to stabilize the economy.
In simple terms: Reduce stimulus and target a neutral federal funds rate.
Support balanced monetary policy.
Themes
Mood
Type
When to use this quote
- budget planning
- investment decisions
- inflation control
Key Concepts
Questions to Reflect On
- What are the risks of staying too accommodative?
- How does a neutral rate affect borrowers?
Achieving neutrality may be delayed by political pressures.