US interest rates: What's driving them?

We're in North America this week thinking about the US economy. How come the USA is creating so many jobs, why are interest rates not biting, does macroeconomics have to have a massive re-think about monetary policy and if so, what does this all mean for you? Is the Fed flunking it? <p>Join the gang! <a target="_blank" rel="payment" href="https://plus.acast.com/s/the-david-mcwilliams-podcast">https://plus.acast.com/s/the-david-mcwilliams-podcast</a>.</p> <br /><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>