Fed interest rate hikes to curb Agg Demand are certainly a blunt instrument but are they a sledgehammer @EthanYWu @rbrtrmstrng

Fed interest rate hikes to curb Agg Demand are certainly a blunt instrument but are they a sledgehammer @EthanYWu @rbrtrmstrng or more like a smothering wet towel loosely applied (for now)? Fed unemployment projection up by < 0.5% Mar v. June.
ft.com/content/26f391… https://t.co/A1GGgPx3MG

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