How to pronounce“accommodative”in English
territory you know we have interest rates at 5 and a qu to 5 a half% in the US the neutral rate so the rate at which um interest rates are neither kind of
accommodative nor restrictive in the US would be something around the kind of three to three and a half rate so they can take they can cut interest rates by
quite a long way in the US without necessarily giving stimulus to the economy it's just giving less restraint becoming less restrictive and I think
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Definitions of “accommodative”
Supplying with or obliging; accommodating.
“This fact points in a similar direction as the high MPC fact: macro stimulus can raise output substantially in circumstances when monetary policy is accommodative (e.g., at the ZLB).”
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