After reviewing Sebastian Mallaby's 700-page biography of former US Federal Reserve Chairman Alan Greenspan late last year, Lowy Institute Nonresident Fellow Stephen Grenville sat down with Mallaby (a Council on Foreign Relations Senior Fellow) on Friday to discuss how US President Donald Trump is likely to influence the Fed, the prospects for the US economy (and thus the global economy), what lessons the Reserve Bank of Australia might draw from the US experience, and how Trump is likely to interact with the Bretton Woods institutions.