Graph 4  Neutral Interest Rates and Potential GDP Growth* Select advanced economies %  %  4  4 Potential GDP  3  3  Neutral rates 2  2  1  1  0  1979  1989  1999  2009  0 2019  *  United States, euro area, United Kingdom and Canada; PPP-weighted; last available data point December 2019.
I currently do not anticipate that the Federal Reserve will sell any of its security holdings in the near term, at least until after policy tightening has gotten under way and the economy is clearly in a sustainable recovery.