Bloomberg Television
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Beware Outdated Economic Models
Posted
April 24, 2023
Views
2,200
Likes
48
Comments
6
Engagement
2.45%
April 24, 2023
2,200
48
6
2.45%
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1:10Now PlayingThe axis of Fed policy rates and mortgage rates was a touchstone for economists for decades. This economic model was driven by manufacturing and a housing market dependent on 30year fixedrate mortgages. Higher Fed interest rates would push mortgages and auto loans up, causing lower production and increased unemployment. What new economic models tell the real story of the modern US economy? Presented by @cmegroup
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