SF Fed's Parry sees US rates 'maybe' at 3.5%
In an interview carried by the San Francisco Chronicle on Sunday, Parry said the Fed funds rate could not remain at 1.0 per cent indefinitely.
"Let's assume inflation averages 1 to 2 percent. Then you could see maybe the natural funds rate would be -- I don't know -- 3.5 per cent, something
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