Strategist Amoroso Sees 2% Real Inflation Rate in 2024

The discussion focuses on the Federal Reserve's interest rate strategy, with a potential rate cut anticipated by some experts. The Fed aims to maintain rates around 5.5% to curb inflation, targeting a 2.5% inflation rate. The conversation also covers real rates, predicting a 2% real rate by 2024, compared to the New York Federal Reserve's neutral rate of around 1%. The analysis suggests entering restrictive territory in 2024.

How does the neutral rate from the New York Federal Reserve compare to the forecasted real rate?

What is the significance of reaching a restrictive territory in interest rates?