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MNI PODCAST: ECB Economists See r* Near Pre-Pandemic Levels

EXECUTIVE SUMMARY
  • ECB economists tell MNI that market-based measures of the neutral real rate of measure, together with surveys, proved less volatile during the pandemic than macro-based models.
  • The neutral rate is little changed from the pre-pandemic era, they say, pointing to long-term trends including demographics and increased financial system demands for collateral.
Listen to the full podcast here.
MNI Rome Bureau | +34-672-478-840 | santi.pinol.ext@marketnews.com
MNI Rome Bureau | +34-672-478-840 | santi.pinol.ext@marketnews.com

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