17min chapter

Undertone cover image

Sebastian Mallaby

Undertone

CHAPTER

Navigating Challenges in Implementing Unconventional Policies

This chapter explores the hurdles faced by a new Fed chairman in implementing unconventional policies for economic guidance, stressing the need to persuade committee members and market participants. It delves into the dynamic nature of central banking, discussing the balance between technical expertise and market reactions. The chapter reflects on the evolution of communication strategies at the Federal Reserve and evaluates Powell's performance amidst COVID uncertainties and the importance of political independence.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode