What are the two main factors mentioned that have influenced the low levels of inflation?
Yellen: Not Seeing Significant Surprises in Inflation

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
High energy prices and a weak dollar
Past declines in energy prices and increases in the value of the dollar
Increased consumer spending and low unemployment
Government subsidies and tax cuts
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How is core inflation expected to behave according to the transcript?
It is expected to remain stable at current levels
It is expected to move up towards the 2% objective
It is expected to fluctuate unpredictably
It is expected to decrease significantly
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What role do inflation expectations play in economic theory?
They are irrelevant to price and wage setting
They are crucial for setting interest rates
They influence price and wage setting decisions
They determine government fiscal policy
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the difference between inflation compensation and inflation expectations?
Inflation compensation includes an inflation risk premium
Inflation expectations are always higher than inflation compensation
Inflation compensation is a direct measure of future inflation
Inflation expectations are irrelevant to market measures
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why might the inflation risk premium have declined significantly?
As a result of government intervention
Due to increased market volatility
Because of stable inflation expectations
Due to a decrease in global trade
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