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Transcript: Tim Duy On The Big Challenge Now For The Fed

Fed Resets Goals For Job Market In Light Of Covid Reality
Photographer: Samuel Corum/Bloomberg

We’re in an extraordinary moment for the economy. Growth is booming, while inflation is at its hottest level in 4 decades. This of course, comes amid an ongoing recovery from the depths of the pandemic, as well as an extraordinary amount of stimulus, both fiscal and monetary. So what’s next? Can the Fed tame inflation without weakening the labor market? On this episode we speak with Tim Duy, the Chief Economist at SGH Macro and a professor at the University of Oregon, about the big challenge for policy in 2022 and beyond. Transcripts have been lightly edited for clarity. Tim Duy on the Huge Challenge the Fed...