Fed’s Evans: Engineered Accommodative Policy With Third Rate Cut

The transcript discusses the Federal Open Market Committee's (FOMC) approach to monetary policy, focusing on the concept of 'mid cycle' adjustments. It highlights the shift from a restrictive to an accommodative policy stance due to economic uncertainties and external factors like weak foreign growth and trade policy. The discussion also covers the role of the central bank and the importance of finding a neutral rate to support economic stability.

How does the speaker define the concept of 'neutral' in monetary policy?

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What are the implications of being 'accommodative' versus 'restrictive' in monetary policy?

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What external factors are mentioned that could impact economic policy decisions?

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