The Cheap Money Era Isn't Coming Back

In the face of a tariff shock, an energy shock and a fiscal shock, the Fed is opting to raise interest rates. Donald Trump may not like it, but he has only himself to blame. Guest: Justin Wolfers, Professor of Public Policy and Economics at University of Michigan, host of Platypus Economics.Want more What Next? Subscribe to Slate Plus to access ad-free listening to the whole What Next family and across all your favorite Slate podcasts. Subscribe today on Apple Podcasts by clicking “Try Free” at the top of our show page. Sign up now at slate.com/whatnextplus to get access wherever you listen.Podcast production by Evan Campbell, Madeline Thames-Ducharme and Patrick Fort.Paige Osburn is the senior supervising producer of What Next and What Next TBD. Hosted on Acast. See acast.com/privacy for more information.