Posen: Jackson Hole Not a Coherent, Good Meeting
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Business, Social Studies
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University
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Hard
Wayground Content
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was notable about Vice Chair Fisher's speech at the conference?
It was the first time he spoke at a conference.
It focused on negative interest rates.
It was delivered before the Chair's speech.
It was unprecedented to have a speech right after the Chair's.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What issue does the Federal Reserve face according to the transcript?
Lack of communication with the public.
Lack of theoretical underpinnings in its toolkit.
Too many strategies to choose from.
Over-reliance on technology.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does Vice Chairman Fischer differentiate between tactics and strategy?
By discussing the difference in his Aspen speech.
By ignoring the Phillips curve.
By emphasizing the importance of inflation targeting.
By focusing on short-term goals.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the default strategy of the Federal Reserve as mentioned in the transcript?
Canonical inflation targeting.
Interest rate cuts.
Increasing employment rates.
Reducing government spending.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the Federal Reserve target according to the strategy discussed?
Immediate economic growth.
A two-year inflation horizon.
A one-year inflation horizon.
Long-term employment rates.
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