Bullard: Markets Understand Fed's Balance Sheet Policy

The transcript discusses various economic topics, including inflation concerns, potential rate hikes, and the Federal Reserve's approach to inflation targeting. It highlights the Fed's stance on inclusive employment and quantitative easing, emphasizing the need for policy adjustments in response to unprecedented economic conditions. The conversation also touches on the challenges of managing inflation expectations and the importance of a balanced approach to economic policy.

What does the speaker mean by 'inflation expectations anchored right at 2%'?

How does the discussion address the concept of quantitative easing and its implications?

What are the potential risks mentioned regarding the Fed's inflation targeting strategy?