Powell Says He's 'Trying Very Hard' Not to Give Fiscal Advice

The transcript discusses the economic implications of spending another $6 trillion, addressing concerns about inflation and tax increases. It highlights the Fed's past actions during a national emergency and its current stance of not engaging in fiscal policy advice, emphasizing a return to regular order.

What concerns does the speaker express regarding the current economic situation?

What was the speaker's approach to giving fiscal advice this year?