Former Fed Official Stern: I Would Hike in September

The video discusses the Federal Reserve's approach to rate hikes, communication strategies, and the impact of economic environments on policy. It highlights the challenges of diminishing returns in communication and interest rates, the dynamics within the FOMC, and the implications of modest interest rate increases on economic growth. The video also touches on bank regulation and the concept of 'Too Big to Fail'.

What is the implied probability of a rate hike mentioned in the text?

How does the Federal Reserve aim to communicate its decisions to the market?

What are the major differences between the Federal Reserve under Greenspan and the current environment?

What does the speaker suggest about the effectiveness of communication within the Federal Reserve?

What is the speaker's view on the current economic growth and its relation to interest rates?

What is the speaker's stance on the idea of breaking up large banks?

What are the implications of the Dodd-Frank legislation mentioned in the text?