Fed's Kashkari Says He's Open Minded on Size of March Hike

The transcript discusses recent aggressive rate changes and the importance of the upcoming March meeting, where decisions on whether to raise rates by 25 or 50 basis points will be made. The speaker emphasizes the significance of the dot plot in signaling future monetary policy and reviews December's projections, noting a strong jobs report and higher-than-expected inflation. The speaker leans towards further rate increases but highlights the importance of upcoming data in finalizing decisions.

What was the sequence of rate adjustments made last year?

• 50, 25, 75 basis points

• 50, 75, 25 basis points

• 25, 50, 75 basis points

• 75, 50, 25 basis points

What is the primary purpose of the dot plot in monetary policy?

• To determine the current interest rate

• To signal future monetary policy expectations

• To decide the next meeting's agenda

• To evaluate past economic performance

What rate did the speaker project in December?

• 4.5%

• 6.0%

• 5.0%

• 5.4%

What recent data points are concerning to the speaker?

• Strong jobs report and higher inflation

• Low unemployment and stable inflation

• High unemployment and deflation

• Weak jobs report and lower inflation

What is the speaker's inclination regarding future rate adjustments?

• To stop adjusting rates

• To lower rates immediately

• To maintain current rates

• To continue raising rates