Fed's Evans on Path of Monetary Policy, Economy and Shutdown

The transcript discusses the Federal Reserve's outlook on rate hikes and economic conditions. Initially, there was an expectation of three rate hikes in 2019, but a shift occurred due to global economic concerns, market volatility, and trade issues. The Fed emphasizes patience and careful assessment of data before making further decisions. The discussion also covers the impact of global slowdown, particularly in China and Europe, and the potential risks of recession. The Federal Reserve's role in navigating these challenges and making informed policy decisions is highlighted.

In what ways could financial market volatility affect the Federal Reserve's policy decisions?

How does the Federal Reserve plan to respond to unexpected economic shocks?

What is the significance of inflation data in the context of the Federal Reserve's monetary policy?

What indicators would signal to the Federal Reserve that it is time to increase rates again?