Tarullo: The Fed Set the Right Monetary Policy

The video features a discussion with David Weston, Larry Summers, Dan Trull, and Stephanie Flanders on the Federal Reserve's recent monetary policy decisions. The conversation covers the implications of these decisions, the potential end of the tightening cycle, and the balance between inflation control and banking system stability. Larry Summers and Stephanie Flanders provide insights into the challenges faced by central banks and the importance of maintaining confidence in the financial system.

How did the participants view the Federal Reserve's communication strategy during the recent banking concerns?

What role does confidence play in the context of monetary policy and the banking system according to the discussion?

What are the potential risks associated with the Federal Reserve's current monetary policy approach as discussed?