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Joseph Wang On “Hawkish” Fed Meeting: March Cuts Unlikely, Tapering of Quantitative Tightening (QT) To Begin In Q4 2024 | Joseph Wang, Michael Ippolito, and Jack Farley
Forward Guidance
Transmission Mechanism of Fiscal Policy and its Impact on the Economy
The speakers discuss how fiscal policy is transmitted through the economy, starting from Congress deciding to spend money and the Fed issuing treasuries. They explain the flow of funds into the economy and its impact on asset prices, purchasing power, and inflation. They also analyze the different scenarios of government financing and their effects on asset markets and the economy.
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