Markets Are Assuming No U.S. Rate Change: Randolph

The video discusses the Federal Reserve's interest rate policy, highlighting Janet Yellen's role and the potential for changes in the 'considerable period' language. It covers market expectations, the end of tapering, and the importance of communication in central banking, referencing Alan Greenspan's past actions. The Bank of England's approach to inflation and the impact of the Scotland question on monetary policy are also examined.

How does the speaker suggest central banks should communicate their policies?

What are the implications of the Bank of England's current inflation rate as discussed in the text?