What Yellen's Speech Signals About the Future of Rates

The transcript discusses Janet Yellen's speech, highlighting the anticipation and analysis of her theoretical questions. It explores economic theories, the Fed's considerations, and the path towards the December meeting. The discussion includes economic relationships, historical context, and the Fed's cautious approach to policy experiments.

What implications did Yellen's speech have for future Federal Reserve policy decisions?

In what ways did Yellen reference historical economic situations in her speech?