Fed's Evans: Policy Needs to Be Positioned Against Downside Risks

The video discusses the economic outlook and projections, focusing on the unemployment rate and growth numbers. It highlights the impact of the virus spread on consumer sentiment and the economy. The speaker considers various future economic scenarios, emphasizing the importance of policy positioning to address downside risks and ensure safety during adverse circumstances.

What is the baseline outlook mentioned in the text regarding economic projections?

How does the speaker assess the unemployment rate and its implications for the economy?

What factors are considered in the assessment of consumer sentiment?

What is the speaker's view on the likelihood of different economic scenarios?

What are the potential risks mentioned regarding the economic outlook for 2021?