Powell Says It's Hard to Say Whether Regulatory Changes Are Helping Economy

The video discusses the US economy's unexpected ability to achieve 3% growth despite predictions to the contrary. It highlights the longest economic expansion since the Great Depression and examines factors contributing to this growth, such as tax cuts and fiscal policies. The potential long-term supply side effects and the role of regulatory reform are also explored, emphasizing the complexity of isolating these impacts.

What is the significance of supply-side effects in relation to tax cuts?

What challenges are associated with isolating the effects of regulatory reform on growth?