Stanford's Taylor on Fed Guidance, Cryptocurrencies, Fiscal Policy

The transcript covers discussions on the Federal Reserve's guidance, the impact of low interest rates, and the role of fiscal policy. It highlights the need for more clarity from the Fed, the rise of cryptocurrencies, and the dollar's performance. Concerns about systemic risks due to prolonged low rates are addressed, along with the coordination between fiscal and monetary policies globally.

What are the potential risks associated with a prolonged low interest rate environment?

In what ways do central banks around the world align their policies with fiscal measures?

How does the Taylor rule influence the decisions of global central banks?