Blaming or Honoring the Fed?
Explore the role of the Fed in changing interest rates and the tendency to either blame or honor the Fed for these changes. The conversation delves into the fixed demand curve and the fallacy of reasoning from a price change. The puzzle of positive interest rates in a stagnant economy is also raised, with a discussion on secular stagnation and its impact on growth.In this clip
From this podcast
EconTalk
Scott Sumner on Interest Rates
Related Questions
Is the Fed's concern about the impact of slowing growth and higher rates on middle and lower-income consumers likely to push rate cuts out in the episode Third Quarter Review — with Aswath Damodaran | Prof G Markets and the clip Market Adjustments Ahead?
Is the Fed's concern about the impact of slowing growth and higher rates on middle and lower-income consumers likely to push rate cuts out as discussed in the episode Scott Bessent - Macro Maven (EP.415) and the clip Economic Predictions Unveiled?
Is the Fed's concern about the impact of slowing growth and higher rates on middle and lower-income consumers likely to push rate cuts out in the episode John Taylor on Inflation, the Fed, and the Taylor Rule and the clip The Risk of Low Interest Rates?