Bullard: Infrastructure Plan Could Boost Productivity

The transcript covers a panel discussion on the potential impacts of Trump's policies on US growth, focusing on fiscal expansion, regulation rollback, and infrastructure. It explores the implications for productivity, interest rates, and monetary policy, highlighting the challenges of low productivity growth and high liquidity premiums. The discussion also addresses market volatility, currency fluctuations, and the independence of the Federal Reserve amidst policy divergences between the US and Europe.

What are the implications of a potential regime change for the Federal Reserve?

How does the speaker view the relationship between fiscal policy and monetary policy?

What concerns are raised regarding the independence of the Federal Reserve?