Powell, Lagarde, Bailey, Ueda on Future Rate Decisions

Powell, Lagarde, Bailey, Ueda on Future Rate Decisions

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Business

University

Hard

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The video discusses the current economic policy's restrictiveness, emphasizing that it may not be sufficient or long-standing. Decisions are made based on data and evidence, with a focus on upcoming meetings. Current inflation is slightly below 2%, leading to unchanged policy. However, if the baseline holds, a policy hike is likely in July. The decision-making process will be adjusted to allow more time between decisions, and consecutive meeting changes are not ruled out.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker mean by being 'evidence driven' in their decision-making process?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker imply about the possibility of consecutive meetings?

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