U.S. Economy Less Interest Rate Sensitive

02 mins 17 secs

Please login to access your playlists.
Share a link to this video

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.

View exclusive content and premium features. Create a CME Group account