Guggenheim's Minerd Says Fed Is in With Both Feet, Expect More Rate Cuts

The transcript discusses the Federal Reserve's approach under the chairman's leadership, emphasizing a new mandate beyond price stability and full employment. The chairman's consistent focus in news conferences suggests an expectation of further rate cuts to sustain economic growth. The Fed is committed to preventing economic stagnation, similar to Japan's experience, by actively engaging in measures to keep the economy expanding.

What does the chairman emphasize at the beginning of his news conference?

What is the third mandate given to the Fed according to the speaker?

What does the speaker suggest about future rate cuts?

Why does the Fed feel the need to keep the economy expanding?

What is the 'Japan disease' that the speaker refers to?