BofA reinstated International Paper (IP) with a Neutral rating and $61 price target after the company recently closed on the acquisition of DS Smith in a transaction worth about $13B. Noting that ...
The paper also argued that this neutral level, referred to as "r*" in central bank-speak, has not shifted significantly since the pandemic, despite some estimates to the contrary. "Following a ...
Economists at the European Central Bank said the neutral rate of interest, a concept that may help determine where cuts in borrowing costs will end, is probably between 1.75% and 2.25%. That would ...
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The European Central Bank may still be several interest rate cuts away from the level where it stops holding back economic growth, it said in a paper on Friday, though it downplayed the significance ...
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After the latest, in January, President Christine Lagarde said officials “will operate on the basis” of Friday’s paper to help determine what their policy stance should be, though she did highlight ...
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This paper highlights some of the theoretical and practical implications for monetary policy and exchange rates that derive specifically from the presence of a global general equilibrium factor ...
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