Fed Is in 'No Man's Land' Right Now, Citadel's Griffin Says

The transcript discusses the Federal Reserve's current challenges, focusing on the timing of tapering asset purchases and the path to interest rate normalization. It highlights the Fed's dual mandate of price stability and full employment, noting the current high inflation and lack of full employment. The Fed's struggle is compounded by regulatory and fiscal policies that it cannot influence, placing it in a difficult position.

What challenges does the Fed face according to the speaker?

Why does the speaker believe the Fed is in a 'no man's land'?