Former Fed Governor Tarullo on Inflation, ECB, Negative Rates

The video discusses the challenges faced by the Federal Reserve and other central banks in addressing economic growth and inflation. It highlights disagreements on monetary policy, the impact of negative interest rates, and the complexities of inflation expectations. The video also explores the role of regulation in the repo market and the changing dynamics of the treasury market.

How do consumer expectations differ from market expectations in the context of inflation?

What are the implications of negative interest rates as discussed in the text?

What is the significance of liquidity regulation in the context of the banking system?