High rates usually pull down asset prices and hurt the housing market. Those channels are muted now, possibly making policy slower to work.High rates usually pull down asset prices and hurt the housing market. Those channels are muted now, possibly making policy slower to work. Labor and Jobs, Mortgages, Interest Rates, Banking and Financial Institutions, United States Economy, Prices (Fares, Fees and Rates) Read More
High Fed Rates Are Not Crushing Growth. Wealthier People Help Explain Why.
