Fed's Powell Says Credit Stress May Limit Rate Hikes

The video discusses the relationship between financial and macroeconomic stability, emphasizing the complementary nature of financial tools. It highlights the impact of banking stresses on economic conditions and explores the role of supply shocks and globalization in influencing inflation and economic growth. The discussion underscores the challenges in predicting future economic conditions and the interconnectedness of financial systems.

What are the implications of the separation principle in the context of the tools used for economic stability?

Discuss the impact of Russia's war against Ukraine on global supply chains as mentioned in the text.