Fed to Wind Down Pandemic Facility

The transcript discusses the Federal Reserve's recent communication strategies, focusing on the concept of 'thinking about thinking about tapering.' It highlights the Fed's efforts to separate bond market actions from monetary policy and the ongoing discussions among Fed officials about tapering and inflation risks. The transcript also explores generational views on inflation, market reactions, and recent trends in commodity markets, emphasizing the potential for higher inflation due to green infrastructure trends.

What new phrase are Fed officials using to describe their approach to tapering?

• Thinking about thinking about tapering

• Implementing tapering

• Avoiding tapering

• Discussing tapering

Which Fed official mentioned risks on both sides of monetary policy?

• Claudia Chorals

• Lael Brainard

• Janet Yellen

• Larry Fink

What did the Beige Book release acknowledge?

• Increase in price pressures

• Decrease in price pressures

• Stable price pressures

• No change in price pressures

What is a potential consequence of pursuing a green economy, according to Larry Fink?

• Lower inflation

• Higher and stickier inflation

• Stable inflation

• Deflation

Which commodities have recently come off their record highs?

• Lumber and copper

• Natural gas and coal

• Gold and silver

• Oil and semiconductors