Fed Trading Restrictions Make 'Great Sense': Rodgin Cohen

The video discusses new restrictions on trading for senior Fed members, allowing trades only through exchanges and index funds. These measures aim to enhance transparency and prevent criticism due to insider information. The restrictions are seen as a step towards maintaining the Fed's integrity.

What are the new restrictions announced regarding trading and securities?

In what ways can trading through an exchange and index fund be different from other trading methods?

Why do you think the restrictions on trading by members of the Fed make sense?

How does hindsight play a role in the criticism of trading activities by Fed members?

What is the significance of transparency and probity for the Federal Reserve?