Balancing Market Realities With Fed Expectations

The video discusses the limitations of monetary policy and the potential rise of the yen due to market dynamics. It highlights the risks of using the JGB market as a global indicator due to its low transaction volume. The discussion shifts to the diminishing influence of central banks on the FX market and the importance of fiscal policy and structural reforms in achieving long-term economic stability.

What empirical evidence suggests that the dollar is on a multi-quarter decline?

Discuss the relationship between fiscal policy and monetary policy in the context of current economic conditions.