Fed's Bullard Sees No Reason to Challenge the Yield Curve

The video discusses the impact of low interest rates on the 2008 financial crisis, the 1998 currency crisis, and the dot-com bubble. It highlights the role of the yield curve as an economic signal and the importance of not challenging it under current low and stable inflation conditions. The speaker reflects on past economic decisions and emphasizes the need for careful consideration of economic signals.

What is the speaker's perspective on challenging the yield curve in the current economic situation?

According to the speaker, what is the current state of inflation and how does it affect their view on the yield curve?