Fed's Powell Says Current Policy Stance Is Appropriate

The video discusses the current state of the U.S. economy, highlighting strong job markets, low unemployment, and stable inflation near the 2% target. It notes that while 2018 saw robust growth, 2019 is expected to grow at a slower pace. The video also addresses financial conditions, labor market trends, consumer spending, and potential risks from unresolved policy issues like Brexit and trade negotiations.

What is the current state of the U.S. job market according to the transcript?

• Stagnant with no wage growth

• Weak with high unemployment

• Strong with healthier wage gains

• Declining with increasing unemployment

What was the economic growth rate in 2018?

• 1.8%

• 2.5%

• 4.0%

• 3.1%

Which regions are mentioned as having slowed economic growth?

• Middle East and Russia

• Africa and South America

• Europe and China

• Australia and India

What trend is observed in consumer spending according to the transcript?

• Rapid increase

• Significant decline

• Steady growth

• Somewhat slower growth

What unresolved policy issues pose risks to the economic outlook?

• Brexit and trade negotiations

• Technology and cybersecurity

• Healthcare reform and education

• Climate change and immigration