William Dudley on the 'Will and Intent' of the Fed

The video discusses the current economic environment with record low real yields and the Federal Reserve's strategies to support the economy. It explores the FOMC's intentions to maintain accommodative financial conditions, the challenges in the labor market, and the Fed's approach to managing its balance sheet. The decision-making process within the Fed, involving key figures, is also highlighted.

How does the current job market situation reflect on the Federal Reserve's policies?

What challenges does the Federal Reserve face in managing its balance sheet?

In what ways does the decision-making process of the current Federal Reserve differ from that of Alan Greenspan?