Fed's Bullard Expects About 2 Percent U.S. Growth in 2017

The video discusses the weaker-than-expected jobs report and its implications for the US economy in 2017. It explores the impact of the Fed's balance sheet on the yield curve and the debate over interest rate hikes. The discussion includes the weakening empirical evidence on the Phillips curve and inflation expectations. The video also addresses managing market volatility during the balance sheet reduction and the potential impact of fiscal stimulus on economic growth.

What is the significance of the 2% growth rate mentioned in the text?

What factors does the speaker believe will influence inflation in the future?

What does the speaker indicate about the potential for fiscal stimulus?

What is the speaker's perspective on the current state of the US economy?