Bullard: Fed Has to Get Rate Up, Not Just Rely on Market

The transcript discusses the concept of front loading in monetary policy, emphasizing the need to adjust rate increases due to inflation post-pandemic. It explores market reactions, the debate on long and variable lags, and the role of balance sheet reduction. The conversation also touches on the Federal Reserve's communication strategy and its impact on market perceptions.

How does Jim Bullard view the concept of 'long and variable lags' in relation to current markets?

What does Jim Bullard believe about the future of inflation and growth post-pandemic?

What is the significance of the 'dot plot' in the context of the Federal Reserve's communication strategy?