The Calm Before the Yellen Storm

The transcript discusses the ongoing protests against central bank policies, questioning whether these policies benefit only the elites or the broader population. It highlights the shift in conference focus from Wall Street to academic perspectives, with a key topic being future monetary policy strategies. There is skepticism about Janet Yellen providing clear direction on rate increases, with expectations that she will maintain a data-dependent approach. The discussion also touches on the impact of dollar strength on monetary policy decisions.

What alternative strategies are being considered if major economies fall back into recession?

What are the potential implications if Janet Yellen does not provide clear direction on monetary policy?