UCLA Prof. Eisfeldt on Fed, Tax Overhaul

The video discusses the current economic landscape, focusing on the potential for rate hikes, the role of central bank support, and the transitory nature of inflation. It explores the implications of tapering on markets and examines the yield curve's behavior. The conversation also touches on the uneven nature of economic recovery and the importance of strong fundamentals.

What are the implications of the current market conditions on central bank support?

What does the speaker suggest about the relationship between private demand and the Fed's purchasing of Treasurys?

How does the speaker view the economic recovery in relation to different income distributions?