Columbia University's Mosser on Federal Reserve Policy

The transcript discusses the economic implications of interest rate adjustments by the Federal Reserve, focusing on inflation, market reactions, and the potential for a recession. It highlights the challenges faced by central banks in managing inflation and the impact on housing and labor markets. The discussion also covers the timing and extent of economic tightening needed to stabilize inflation and the potential consequences for employment.

What are the implications of the Fed's monetary policy on economic growth as per the discussion?

What trade-off does the speaker mention regarding central banking and employment?

How does the speaker view the effectiveness of the Fed's tools in addressing supply-side issues?