Ira Epstein discusses the significant developments on Fed Day, particularly focusing on the first day of Kevin Walsh as the new Fed Chair. He describes Walsh's approach to implementing his vision for the Fed, emphasizing the creation of task forces to evaluate data usage, communication strategies, and forward guidance.
Epstein notes Walsh's hawkish tone, which led to an increase in interest rates, and explains how this approach contrasts with former Fed Chair Powell's methods.
Video Length: 00:16:47
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