The Fed Should Target Racial Equality: Kocherlakota

The transcript discusses the Federal Reserve's role in stimulating the economy, addressing unemployment, and targeting racial equality. It highlights the challenges posed by high unemployment rates and the need for easier monetary policy. The conversation also touches on real yields, public health's impact on the economy, and the importance of stimulus measures. Additionally, it examines consumer behavior during the recession and the potential influence of Judy Shelton's nomination to the Fed Board.

What are the proposed measures for the next stimulus bill?

What are the potential effects of the Federal Reserve's monetary policy on consumer spending?

How does the speaker view the influence of Judy Shelton on the Federal Reserve?