
I’m Chris Anstey, a senior editor in Boston, and today we’re looking at why high rates aren’t biting so much. Send us feedback and tips to [email protected] or get in touch on X via @economics. And if you aren’t yet signed up to receive this newsletter, you can do so here.
In theory, the longer interest rates stay high, the bigger the bite they impose on the economy. It’s a dynamic this newsletter highlighted last summer.
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