Powell Says Fed Getting Close to Restrictive Rates Level

Powell Says Fed Getting Close to Restrictive Rates Level

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses the current state of restrictive economic policies, emphasizing the need for sustained efforts to achieve price stability. It highlights recent positive inflation reports but stresses the importance of realistic expectations. The discussion covers trends in goods prices and housing services, and concludes with the necessity of maintaining restrictive policies to meet inflation targets.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current approach to economic policy as discussed in the video?

Restrictive

Expansionary

Neutral

Accommodative

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why does the speaker emphasize the need for realism despite positive inflation reports?

Because inflation is no longer a concern

Because the reports are inaccurate

Due to a lack of data

Due to the complexity of the broader economic project

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main challenge in achieving economic progress according to the speaker?

Rising housing prices

Excessive government spending

Lack of progress in certain areas

Decreasing goods prices

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current 12-month core inflation rate mentioned in the video?

8%

6%

4%

2%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the ultimate goal for inflation rates as discussed in the video?

To maintain current levels

To increase to 8%

To decrease to 2%

To stabilize at 4%