Bullard Says Fed Must Consider `Additional Insurance' in Next Meetings

The transcript discusses the potential regime change in economic policy, focusing on the Federal Reserve's approach to monetary policy amidst global economic challenges. It highlights the urgency of upcoming meetings and the shifts in interest rate policies over the past year. The discussion also covers the need for aggressive economic measures and the impact of these policies on the housing market.

What factors are influencing the Fed's decision-making process according to the speaker?

What is the speaker's perspective on the need for aggressive action by the Fed?