What Would a Trump Presidency Mean for Fed Policy?

The video discusses the influence of the President on economic policy, highlighting the Fed's focus on employment and price stability. It explores the economy's internal growth factors and the potential impact of fiscal stimulus on monetary policy. The discussion includes possible adjustments to monetary policy in response to fiscal changes and market reactions, emphasizing the uncertainty surrounding political decisions.

What are the implications of high employment and price stability for the Fed's policy design?

In what ways might uncertainty regarding political outcomes influence market reactions?