Powell Says It's Too Early for Asset-Purchase Taper Talk

The transcript discusses the timing of conversations about tapering asset purchases, emphasizing that the public will be informed well in advance. It highlights the importance of monitoring economic progress and mentions that economic activity and hiring have recently picked up after a slowdown. The substantial further progress test was first articulated in December, and it will take time to see significant progress.

What did the speaker say about the timing of discussions on tapering asset purchases?

• It is not yet time for such discussions.

• They have already started the discussions.

• The discussions will start next month.

• They have decided to never discuss it.

How will the public be informed about decisions on asset purchases?

• Well in advance of any decision.

• Only if there is a significant change.

• After the decision is made.

• Through a surprise announcement.

What is the speaker monitoring in relation to their goals?

• Public opinion on economic policies.

• Progress towards their goals.

• International trade agreements.

• The stock market trends.

When was the substantial further progress test first articulated?

• At the last meeting.

• During the summer.

• At the December meeting.

• In the previous year.

What recent changes in economic activity does the speaker mention?

• A stable economic environment.

• A significant economic downturn.

• A decline in economic activity.

• A recent pick-up in activity and hiring.