Real federal funds rate in negative territory at -2% to -3% at the end of this year

That’s the catch in all this. 

In the current easing cycle, the Fed first pushed the real federal funds rate below zero in November 2019.

That means a likely -2% to -3% rate in December 2022 would mark a 38-month period of extraordinary monetary accommodation, during which the real federal funds rate averaged -3.1%. 

Stephen S. Roach Project Syndicate 24 January 2022

https://www.project-syndicate.org/commentary/federal-reserve-mad-scramble-to-control-inflation-by-stephen-s-roach-2022-01

Jag tycker det är skriande uppenbart att räntan världen över är för låg och att en större del av stimulanserna borde ske via finanspolitiken.

Rolf Englund blog 5 december 2009

https://englundmacro.blogspot.com/2014/08/skriande-uppenbart.html