Fed's Clarida Says Trade War 'Has Not Had a Big Impact on the Economy'

The transcript discusses the U.S. economic outlook, focusing on growth and inflation forecasts. The Fed anticipates a growth rate of around 2% and expects inflation to move towards its 2% target. Interest rates are likely to remain unchanged this year, with diverse opinions among committee members. The impact of trade talks with China is considered minimal so far, but future policies may adjust based on outcomes.

What is the expected economic growth rate for the U.S. this year?

• 2%

• 3%

• 1%

• 4%

What is the Fed's target inflation rate?

• 1%

• 2.5%

• 1.5%

• 2%

What is the general consensus among Fed committee members regarding interest rates this year?

• Remain unchanged

• Fluctuate

• Decrease

• Increase

How many different opinions are there regarding the Fed's baseline view?

• 15

• 10

• 20

• 17

What has been the impact of current trade measures on the U.S. economy?

• None

• Modest

• Moderate

• Significant