TIMIRAOS said he believes the Fed's projections for the next few years are not genuine forecasts but reflect a response mechanism, and they indicate policymakers lack confidence in their long-term interest-rate projections.

2026-09-17

TIMIRAOS said he believes the Fed's projections for the next few years are not genuine forecasts but reflect a response mechanism, and they indicate policymakers lack confidence in their long-term interest-rate projections.