How a Fed Regime Change Could Impact Monetary Policy

The video discusses the current state of financial conditions and the Fed funds rate, highlighting the historical precedent during the housing bubble when financial conditions remained loose despite rate hikes. It explores the implications of regime change at the Fed, focusing on macroprudential policies and the role of Randy Quarles in deregulation efforts.

What role does Randy Quarles play in the context of the Fed's regulatory approach?

What challenges does the Fed face in using macro prudential policies?