stimulative

"Many of the tax changes would not necessarily be very stimulative now, since they already have prevailed since 2017," said Spatt.

That’s a full percentage point lower than it was in September, but is still considered above the so-called neutral rate that’s neither stimulative nor restrictive for the economy.

The economy remains healthy and doesn’t appear to need the stimulative benefits of a rate cut, which can spur more borrowing and spending and could even re-ignite inflation.

Results also found that the stimulative and sedative effects of alcohol intoxication are reduced when taking these medications.

Yields are also a reflection of expectations around the so-called neutral rate - the level at which interest rates are neither stimulative or restrictive for the economy.