John Delaney ๐บ๐ธ @JohnDelaney
The relevant period was the 90s where rates were higher, on average, & economic growth good IMO it's not about absolute rates it's about the never seen before tightening in BOTH rates and the Fed's balance sheet. Financial systems are generally not built for dramatic shifts — PolitiTweet.org
Jason Furman @jasonfurman
Sometimes I look at the Fed Funds rate & wonder why anyone is worked up about it. It is & is expected to remain belโฆ https://t.co/pโฆ