Dai Li: Productivity improvements will drive the neutral interest rate, with limited short-term impact
Feb 18, 2026 05:39:47
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According to Jinshi News, Fed's Daly stated that models show productivity improvements will drive the neutral interest rate, while the labor market shows less liquidity and dynamism, making it unlikely to affect the neutral interest rate in the short term. Despite robust growth, businesses mentioned uncertainty in demand.
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