At the Money: Austan Goolsbee, Chicago Fed President on Tariffs, Inflation and Monetary Policy
The Big Picture
MARCH 6, 2025
You couldn’t get computer chips, so you couldn’t make the electronic seat so they couldn’t make the car. And the reason it’s that is because part of buying a house is a financial asset. The stock market. Other financial markets can influence those two things, partly through the wealth effect.
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