Broaddus: We May See Low Fed Rates for Some Time to Come

The video discusses the evolution of monetary policy, focusing on the challenges faced by the Fed in maintaining credibility as an inflation fighter. It explores the current environment of low interest rates and the potential for future economic changes. The video also highlights internal dissent within the FOMC and the implications of recent decisions. Finally, it considers possible future economic scenarios and the insights expected from upcoming FOMC speaker remarks.

What significant changes in monetary policy have occurred since Tom Humphreys' time at the Fed?

What does Stanley Fischer mean by 'lower for longer' in the context of interest rates?

How does the current economic environment affect interest rates according to the discussion?

What are the implications of the dissenting votes during the Fed meetings mentioned?

What factors might lead to a change in the current low interest rate environment?

How does the speaker perceive the future of economic growth and interest rates?

What role do FOMC speakers play in shaping the understanding of monetary policy?