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9min chapter
Inflation, the Fed, Tariffs and Immigration. An Economist Weighs In.
WSJ's Take On the Week
Economic Signals and Immigration's Impact
This chapter explores the bond market's recent dynamics, particularly the rally in long-term treasuries linked to expectations of a slowing economy. It examines the interplay between government spending, immigration policies, and their effects on labor supply and inflation rates, emphasizing the importance of these factors in shaping economic conditions. The discussion highlights the challenges faced by sectors like hospitality due to labor shortages and projects that immigration will become a critical topic in future economic conversations.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode