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U.S. Economy Less Interest Rate Sensitive

U.S. Economy Less Interest Rate Sensitive

Posted July 31, 2023 at 9:45 am
Bluford Putnam
CME Group

In the 1950s, 1960s and 1970s, the U.S. economy was driven by housing and manufacturing. Fast forward, and the modern economy of the 2020s is a service-driven economy, and services are considerably less sensitive to interest rate swings than housing and automobiles. CME Group Chief Economist Blu Putnam explains.

Originally Posted July 31, 2023

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