Fed's Powell Says Will 'Act as Appropriate' If Needed on Trade Tension

The video discusses the Federal Open Market Committee's approach to monetary policy, including strategy, tools, and communication. Experts share insights on how monetary policy can serve the public. The speaker addresses recent trade negotiations and their impact on the US economic outlook, emphasizing the need to sustain economic expansion with a strong labor market and stable inflation. The focus is on long-term issues that persist beyond current events.

What is the primary focus of the Federal Open Market Committee as introduced in the first section?

• To oversee fiscal policy and government spending

• To regulate international trade agreements

• To manage monetary policy, strategy, tools, and communications

• To control the stock market fluctuations

What is the main concern regarding recent trade negotiations mentioned in the second section?

• The impact on international relations

• The potential for increased tariffs

• The effect on technological advancements

• The uncertainty of their resolution

How does the Federal Open Market Committee plan to respond to economic developments?

• By increasing interest rates

• By closely monitoring and acting appropriately

• By reducing government spending

• By implementing new trade policies

What is the Federal Open Market Committee's target for inflation?

• 4%

• 3%

• 2%

• 1%

What longer-term focus is highlighted in the final section?

• Immediate trade issues

• Sustaining economic expansion and addressing long-term issues

• Short-term fiscal policies

• Temporary market fluctuations