What Goes Up cover image

(Mis)interpreting the Fed

What Goes Up

CHAPTER

The People Who Made Up the Way We Work Now Driven a Horse to Work

There has been an easing of financial conditions over the past, say, four or five weeks. The fact that they may keep the policy rate at 5%, let's say, for an extended period of time might actually tighten financial conditions. This is how I segue into the just tell me what to do with my money already element of the podcast.

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