Potential Fed Chairs Talk Tighter Monetary Policy

The transcript discusses potential replacements for Fed Chair Janet Yellen, focusing on their hawkish monetary policies. It highlights insights from the American Economic Association Conference, where candidates expressed the need for higher interest rates. The labor market's structural challenges are noted, with a focus on the Fed's direction. The Taylor rule's application and market impact are debated, alongside Trump's influence on Fed decisions and chair selection.

What do the potential replacements for Janet Yellen suggest about monetary policy?

What assumption is the basis for the conversation regarding Janet Yellen's potential second term?

How do the candidates view the current Fed funds rate in relation to the Taylor rule?

What concerns were raised about the Fed's approach to financial markets?

What factors might influence President Trump's decision on the next Fed chair?