This rate is above the long - run equilibrium rate of 3 % implied by the dots. (finance.yahoo.com)
As this zero - sum - game pushes savings into the global markets, global equilibrium rates decline even more, «pulling the global economy closer to a liquidity trap.» (businessinsider.com)
Officials also expect interest rates to tread higher with at least two increases in 2019 and 2020 correspondingly, bringing the federal funds rate to 3.375 percent effectively, higher than the 3 - percent equilibrium rate, as indicated by the dots. (forexfocus.com)