cover of episode What Trump’s policies could mean for the Fed

What Trump’s policies could mean for the Fed

2024/11/12
logo of podcast Goldman Sachs Exchanges

Goldman Sachs Exchanges

Chapters

Rob Kaplan discusses the Fed's performance in managing the economy through rate cuts and fiscal policy, highlighting the challenges faced by lower-income workers.
  • The Fed has done a good job in orchestrating a soft landing.
  • Fiscal policy has been more stimulative than usual, contributing to the Fed's success.
  • Lower-income workers have struggled with inflation, impacting their purchasing power.

Shownotes Transcript

Former Dallas Fed President Rob Kaplan, current vice chairman at Goldman Sachs, discusses the Federal Reserve’s rate-cutting cycle, the interplay between monetary and fiscal policy, and his views on what the Trump administration could mean for Fed policy.