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Transcripts For BLOOMBERG Bloomberg Markets European Close 20240713

The neutral rate of interest, which may be even lower than we think it is. Rep. Scott how would you unionization have an effect . Chair powell i am not in a position to take a view on that. I just know it is one of the things in the research that people identify as possibly associated with wages. Rep. Scott thank you, mr. Chairman. Rep. Yarmuth i now recognize digital men from tennessee for 3 the gentleman from tennessee for three minutes. Thank you for being here. Ive heard congressman ron paul say we are in the biggest bond bubble in history that is going to burst. Of course, he was talking about Interest Rates being too low. What factors do you look at when you decide to increase or decrease Interest Rates . Chair powell when we change our policy, which is an overnight Interest Rate that affects other shortterm rates, and those play out through the yield curve, we are really looking at setting our policy rate at the level which, in the mediumterm, will best support maximum employmen

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