Bullard Talks U.S. Growth, Inflation and Fed Policy

The transcript covers discussions on the US economic growth forecast for 2021, the impact of the vaccine rollout, and the $2 trillion stimulus. It also delves into inflation expectations, the CPI report, and the challenges of interpreting data due to base effects. The conversation shifts to monetary policy, tapering bond purchases, and the need for substantial progress before policy changes. Financial stability concerns are addressed, highlighting the importance of a robust regulatory framework. Finally, the potential for a shift to a high productivity growth regime is explored, considering the impact of fiscal stimulus and technological advancements.

What is the significance of the CPI report mentioned in the discussion?

What concerns are raised regarding financial stability in the current economic environment?

How does the speaker relate fiscal stimulus to potential changes in economic growth?

What does the speaker suggest about the future of productivity growth in the US?