Fed's George: 'Time to Move' on Normalizing Rates

The transcript covers a discussion on monetary policy, focusing on interest rates, inflation, and economic conditions. It explores the Phillips curve, the normalization of interest rates, and the management of the Federal Reserve's balance sheet. The conversation also touches on economic growth, productivity, and the need for potential policy rethinking. Additionally, it addresses the importance of effective communication between the Fed and the markets, highlighting the challenges of managing expectations.

What does the speaker believe about the current monetary policy's impact on the economy?

How does the speaker view the concept of 'our star' in relation to interest rates?

What are the implications of the speaker's views on fiscal policy versus monetary policy?

What does the speaker suggest about the communication strategies of the Federal Reserve?