Yale's Roach Weighs in on Fed Chair Candidates

The video discusses the race for the next Federal Reserve chair, focusing on candidates John Taylor and Kevin Wash. It explores their views on monetary policy and the potential impact of their appointment on interest rates and the economy. Janet Yellen's perspective on inflation and future rate hikes is also examined, with predictions on inflation trends for 2018.

Discuss the implications of liquidity injections that were designed for a crisis.

What factors are contributing to the expectation of a modest increase in inflation according to the text?