Fed’s Doves Versus Hawks

The video discusses differing views on interest rate cuts among Federal Reserve officials. Neil Kashkari supports cuts due to economic risks, while Esther George opposes them, citing economic stability. Jay Powell's upcoming speech may influence future policy. The video also touches on the importance of Fed independence, referencing historical figures like Martin Eckles.

What concerns does Esther George express about cutting rates in relation to inflation?

What historical context does the text provide regarding the independence of the Federal Reserve?