High Fed Rates Are Not Crushing Growth. Wealthier People Help Explain Why.
High rates usually pull down asset prices and hurt the housing market. Those channels are muted now, possibly making policy slower to work. [Source]
Publication Date:Origin: nytimes.com
Category: Labor and Jobs
Topics: slower, policy, making, possibly, muted, channels, Those, market, housing, prices, asset, usually, rates, Explain, People, Wealthier, Growth, Crushing, Rates
Source: https://www.nytimes.com/2024/04/30/business/economy/high-fed-rates-rich-people.html