The Effects of the Fed's Rate Hikes on the Economy

Do you think there's some amount of hedging their own risk here, where a pause gives them a little bit of time to see if those effects ultimately play out? And then the effects could be much worse than they had initially thought. That's definitely part of it, I think. The way that monetary policy works is primarily, well, first and foremost, there's a lot of ways it works through industries that are really interest sensitive. If among those, of course, is housing, I thought it seemed like Sherpa was calling the bottom on the housing market.

Play episode from 07:43

Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app