Fed's Mester Says She's Happy With Policy at the Moment

The video discusses the current state of the economy, highlighting strong labor markets and a 2% growth trend. It emphasizes the importance of accommodative monetary policy in sustaining economic expansion and addresses concerns about inflation dynamics. The speaker explains their balanced approach to risk management, considering unemployment levels and financial stability. They express satisfaction with current policies and expect inflation to vary around the 2% target, reflecting economic conditions.

What is the estimated trend growth rate mentioned in the first section?

• 2%

• 1%

• 3%

• 4%

According to the speaker, what is the current state of inflation in the economy?

• Below 2%

• Above 3%

• Unpredictable

• Exactly 2%

How does the speaker describe their approach to inflation dynamics?

• Balanced

• Indifferent

• Unconcerned

• Aggressive

What does the speaker suggest about inflation when the economy is expanding?

• It should be unpredictable

• It might be slightly above 2%

• It should be below 1%

• It should be exactly 2%

What is the speaker's attitude towards inflation running slightly above 2%?

• Concerned

• Indifferent

• Upset

• Accepting