Fed Has Given Economy a Cushion and Should Cut Mid-Year, Economist Swonk Says

The video discusses the Federal Reserve's approach to inflation and its policy framework, highlighting the challenges posed by missed targets and the impact of global events like the coronavirus. It also examines the labor market, focusing on participation rates and the factors affecting them, such as globalization and the opioid crisis. The Fed's efforts to sustain economic expansion and the need for further rate cuts are also explored.

What role do technological innovation and globalization play in labor market participation?

In what ways has the opioid crisis affected labor force participation rates?