U.S. economy is still strong despite the Fed’s 2022-23 rate hikes

 Effect of rate hikes ‘has been much weaker than the economics textbook would have predicted,’ according to economist Torsten Slok

Neither consumers nor businesses buckled under the weight of higher borrowing costs from the Federal Reserve’s 2022-23 hiking cycle.

Vivien Lou Chen MarketWatch 2 January 2025

https://www.marketwatch.com/story/why-the-u-s-economy-is-still-strong-despite-the-feds-2022-23-rate-hikes-b3affa3a


The elusive ‘neutral’ interest rate interest — or “r star,” as economists call it

https://englundmacro.blogspot.com/2024/10/the-elusive-neutral-interest-rate.html


Tillbaka till Rolfs länktips 2 januari 2025

https://englundmacro.blogspot.com/2025/01/rolfs-lanktips-2-januari-2025.html





Kommentarer

Populära inlägg i den här bloggen

Pfizer in 2019 sold $20 billion of drugs in the U.S. Its federal tax bill? Zero; Ireland

My blogg short index

Things might be different this time; mitt senaste storverk