New Fed to Be 'A Tad More Hawkish,' Says Eisenbeis

The transcript discusses the importance of having an economist as a complement to Jerome Powell in the Federal Reserve. It highlights the upcoming changes in the Fed's leadership and voting dynamics, especially with the departure of Chair Yellen and Bill Dudley. The new members, including John Williams, Loretta Mester, and Raphael Bostic, are introduced as experienced economists whose views align with current policies, though they may adopt a slightly more hawkish stance.

Why might Larry Lindsey be considered a good complement to Jerome Powell?

• He has a background in law.

• He has previous experience with the Federal Reserve.

• He has a strong political background.

• He is known for his dovish policy stance.

What significant change is expected in the Federal Reserve's voting structure?

• The President of the United States will have a direct vote.

• The Reserve Bank presidents will have more voting power.

• The FOMC will be disbanded.

• All governors will be replaced simultaneously.

Who is leaving their position at the Federal Reserve, prompting a significant change?

• Larry Lindsey

• Bill Dudley

• Loretta Mester

• Jerome Powell

Which of the following is true about the incoming Federal Reserve members?

• They are all new to economic policy.

• They have publicly opposed current policies.

• They are expected to be slightly more hawkish.

• They are primarily from the private sector.

Which economist is associated with the Federal Reserve Bank of San Francisco?

• Larry Lindsey

• Randy Qualls

• John Williams

• Raphael Bostic