Trump Slams Federal Reserve for Holding Back Stocks, GDP

The video discusses the President's recent criticism of the Federal Reserve, particularly in the context of his attempts to appoint Herman Cain and Stephen Moore to the Fed board. Despite the stock market's recovery, the President is pushing for changes at the Fed. Meanwhile, the Federal Reserve is conducting an internal review of its objectives and methods, which seem to align with some of the administration's views. The discussion highlights the challenges of relying on low unemployment to drive inflation and considers alternative explanations, such as high profit margins, for current economic conditions.

What is the context of the President's renewed attacks on the Federal Reserve?

Who are the two new members the President is trying to install on the Fed board?

What conclusion is the Federal Reserve coming to regarding the old model of low unemployment and inflation?

What does Stephen Moore argue is wrong at the Federal Reserve?

How might high profit margins affect businesses' pricing strategies according to the discussion?