Powell's Comments Prove Fed Will Stay on Rate Path, TIAA's Gaffney Says

The video discusses Chair Powell's views on the Fed's economic policies, including rate hikes and balance sheet unwinding. It highlights the Fed's confidence in the US economy's recovery from the Great Recession and the ongoing balance sheet unwind. The discussion also covers the potential impact of trade wars on inflation and global growth, with concerns about slower global growth and inflation risks. Despite these challenges, the Fed remains optimistic about maintaining its inflation targets.

What potential risks did Chair Powell mention that could affect global growth?

What is the outlook for inflation as discussed in the conversation?