More from Fed's George: Sees neutral rate at around 2.5% as a starting point

More from Fed's George as she speaks to the New York Economic Club:

• Sees the neutral rate at around 2.5% as a starting point
• Future of commercial real estate given doubts about back to work policies are an issue on the watchlist

Most Fed officials are seeing the neutral rate as 2.5%. The question is if the Fed wants to get the right back to the initial rate, how do they do it? The current target range was raised from 0% -0.25%, to 0.25% - 0.50%. Since then the expectations have been ratcheted higher. The two year yield Yield A yield represents the earnings generated by an investment or security over a certain time period. Yields are typically displayed in percentage terms and are in the form of interest or dividends received from it.These figures do not include the price variations, which separates it from the total return. Consequently, a yield applies to various stated rates of return on stocks, fixed income instruments such as bonds, and other types of investment products.Yields can be calculated as a ratio or as A yield represents the earnings generated by an investment or security over a certain time period. Yields are typically displayed in percentage terms and are in the form of interest or dividends received from it.These figures do not include the price variations, which separates it from the total return. Consequently, a yield applies to various stated rates of return on stocks, fixed income instruments such as bonds, and other types of investment products.Yields can be calculated as a ratio or as Read this Term is now at 2.326% which is within shouting distance of the 2.5% neutral rate target. However, with inflation well above that level the real rate is still quite negative.