Fed's Bullard Sees Chance Tax Cuts Drive Growth

The transcript discusses the current economic outlook, focusing on the potential impact of tax cuts on productivity and investment. It examines the implications for monetary policy and growth trends, highlighting the challenges of measuring small changes in trend growth rates. The speaker maintains a cautious approach, keeping an eye on potential shifts in investment and growth that could necessitate policy adjustments.

What does the speaker suggest about the relationship between tax cuts and business investment?

What challenges does the speaker foresee in measuring the trend growth rate?