Yellen: Cautious Approach to Policy Is Appropriate
Interactive Video
•
Business
•
University
•
Practice Problem
•
Hard
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The video discusses the federal funds rate policy, emphasizing a cautious approach to monetary policy adjustments based on mixed economic indicators. It reviews recent economic developments, noting weak growth due to factors like soft exports and a hit energy sector. Business investment and household spending were also weak, but a rebound in spending is expected, supporting moderate economic expansion in the coming years.
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the committee's stance on adjusting monetary policy in response to economic indicators?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What does the committee expect regarding overall economic activity in the coming years?
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OFF
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