Fed's Robert Kaplan on Mexico, Inflation, Employment

The transcript covers a discussion on the economic relationship between the US and Mexico, focusing on trade dynamics, NAFTA negotiations, and the impact of technological disruption on inflation. It also addresses wage growth, labor market trends, and the importance of currency dynamics. The conversation concludes with insights into the qualities needed for effective leadership within the Federal Reserve.

In what ways does the current economic environment differ from that of previous years according to Kaplan?

What are the implications of wage pressure for skilled and unskilled workers as discussed?

What does Kaplan suggest about the future of wage growth in the context of labor shortages?

What is Kaplan's view on the importance of having a mix of backgrounds in the Federal Reserve?