Mary Daly on Fed Policy, the Economic Impacts of AI, and the Future of the Fed’s Framework
Macro Musings with David Beckworth
Challenges and Considerations in Fed's Framework Review
The chapter delves into the upcoming Fed's framework review, discussing challenges like fighting inflation, the neutral interest rate's trajectory, AI's impact on output growth, and maintaining the inflation target. It explores different targeting techniques for the Federal Reserve and emphasizes the need for a resilient banking system to address liquidity and capital pressures.
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