Economist Expects Fed to Change Quite Substantially

The video discusses anticipated changes in the Federal Reserve's composition, highlighting a shift from academic to business influences. It explores the potential impact on the US dollar, with expectations of a weaker dollar due to a more business-friendly environment. The President's conflicting views on interest rates and his influence on Fed appointments are examined. The video concludes with predictions on the Fed's future policies, emphasizing a systematic approach to normalization after Janet Yellen's departure.

What changes are expected in the composition of the Federal Reserve?

Discuss the potential impact of Randy Quarles' appointment on the Federal Reserve's direction.

What implications does a shift towards a more business-friendly Federal Reserve have on the U.S. dollar?

How has President Trump's stance on interest rates affected the Federal Reserve's decisions?

What does the term 'normalization' refer to in the context of the Federal Reserve's policy?