• by Bevan Graham, NZ Chief Economist, AMP Capital

Will the Fed pause soon?

In 2015, as it started its rate hiking cycle, we observed the US Federal Reserve (the Fed) was embarking on a ‘voyage of discovery’. Many of the questions we previously thought we knew the answer to were suddenly a lot more uncertain in the post-Global Financial Crisis world.

As we started to think about the outlook for interest rates, we were pondering questions such as: Where is the new non-inflationary potential rate of GDP growth? What level of the unemployment rate represents the new non-accelerating inflation rate of unemployment or NAIRU? Where is the new neutral Fed funds rate?

Read full article here


PHONE: 09 373 0700

FAX: 09 373 0706



  • White Facebook Icon
  • White LinkedIn Icon

Website and software designed by BrokerBetter