U.S. Economy Can Withstand Higher Rates, Says StanChart's Meskin

The transcript discusses the Federal Reserve's Minutes and their implications on economic projections, focusing on the neutral rate and its impact on markets and the US economy. It highlights the transition from low rates post-financial crisis to potentially restrictive rates due to strong economic growth. The concept of the neutral rate is explored as a theoretical tool for assessing policy stance, emphasizing its importance in guiding market expectations and economic policy direction.

What does the speaker suggest about the concept of the neutral rate?

How do Fed officials assess their policy stance according to the text?