Is the Fed Really Ready to Raise Interest Rates?

The video discusses the Federal Reserve's role in economic growth, highlighting its limitations in influencing long-term growth rates. It emphasizes the need to shift focus from Fed policies to regulatory and tax policies that impact entrepreneurship. The housing market is identified as a bright spot, but concerns about potential bubbles and growing debt are raised. The video also addresses political challenges in prioritizing fiscal policy and the burden of regulatory paperwork on entrepreneurs.

Why is there a perception that the Fed is powerless in influencing economic growth?

What challenges do policymakers face in addressing economic issues?