Monday - September 1, 2025
Cleveland Fed economists present estimates of the nominal neutral interest rate from a newly developed model
September 02, 2025
CLEVELAND, Ohio, Sept. 2 -- The Federal Reserve Bank of Cleveland issued the following news release:

* * *

Cleveland Fed economists present estimates of the nominal neutral interest rate from a newly developed model

*

A model developed by a Cleveland Fed economist estimates the medium-run nominal neutral interest rate to be 3.7 percent, based on data through the second quarter of 2025.

"With the nominal federal funds rate cur . . .

Targeted News Service Document Request Form

This document is available to you by e-mail if you complete the form below with relevant information. There may be a fee for this article or ongoing service of similar materials. We will be in touch shortly.

Name:
What's your
Affiliation		 Government Newspaper / Media Business
Public Policy Individual / Student Educators
Email:
Phone:
Organization, if any:
State/Country you are in:
Additonal questions
or comments:

Click here for more information about our products

Click here for more information about our products