Mortgage dominance @RobinWigg argues housing market pressures may stop Cb tightening. But because of GSE-backed, 30yr-fixed US mortgage system that

Mortgage dominance @RobinWigg argues housing market pressures may stop Cb tightening. But because of GSE-backed, 30yr-fixed US mortgage system that pressure operates asymmetrically and least of all on Fed the #1 Cb. Tough for ROW. Chartbook Newsletter #171
adamtooze.substack.com/p/chartbook-17… https://t.co/WR8Oh3h8Xv

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