Ken Griffin: Variance of Fed Message 'Counterproductive'

The transcript discusses the Federal Reserve's role in managing inflation through public perception and messaging. It highlights the importance of consistent communication to influence inflation expectations, which in turn affects wage negotiations and economic stability. The effectiveness of the Fed's messaging is questioned, noting recent inconsistencies as counterproductive.

What is the public perception of the Federal Reserve's ability to manage inflation?

Why might the variance in the Federal Reserve's messaging be considered counterproductive?