Grant Thornton's Swonk Sees Fed Evolution Not Revolution

The transcript discusses the Federal Reserve's evolving economic outlook, highlighting wage revisions and fiscal stimulus as key factors. It notes the Fed's optimism about the economy, influenced by fiscal policies and historical context. The discussion also covers the risks and uncertainties associated with late-cycle fiscal stimulus and the challenges faced by the Fed in balancing monetary policy with congressional actions.

In what ways did previous Fed chairs influence the current economic narrative?

What concerns did the speaker express about the current economic situation and fiscal stimulus?