11min chapter

Odd Lots cover image

What It’s Like to Be a Fed President at Jackson Hole

Odd Lots

CHAPTER

Navigating Monetary Policy and Economic Complexities

This chapter explores the intricacies of monetary policy, focusing on the delayed effects of interest rate changes on the economy. It discusses historical mortgage market responses, highlights inflation and employment dynamics, and emphasizes the importance of adaptive policymaking in uncertainty. The conversation also includes insights from an experienced policymaker, addressing the housing market's reaction to interest adjustments and ongoing labor market challenges.

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