Janice Eberly on Fed Policy, US Debt, Inflation

The transcript discusses the challenges of fractured policy in America, focusing on economic growth and productivity. It highlights the Federal Reserve's approach to interest rates and the complexities of risk balancing. The impact of interest rates on the economy, particularly during a downturn, is examined, along with the lack of fiscal stimulus. The discussion also covers the US government's debt maturity structure and its implications. Finally, the market's response to rising issuance and the resulting business costs are analyzed, emphasizing the challenges in fighting inflation.

What role does the Treasury play in determining the maturity structure of government debt?

In what ways might rising interest rates affect business investment and inflation?