Fed’s Rosengren Says Economy Is in a Good Place, Data ‘Quite Good’

The video discusses the economic performance of 2019, highlighting that despite volatility and tariffs, the economy ended close to forecasts with growth around 2%, inflation near 2%, and low unemployment. The composition differed with stronger consumption and weaker exports and investment. Concerns about low interest rates include limited room for cuts in a slowdown and potential overvaluation in financial markets.

What was the expected growth rate for the economy by the end of 2019?

• 1%

• 3%

• 2%

• 4%

Which economic component was stronger than expected in 2019?

• Consumer spending

• Government spending

• Business investment

• Exports

What was one of the reasons for weaker business investment and exports?

• High interest rates

• Technological advancements

• Tariffs and global slowdown

• Increased government spending

What is a concern related to very low interest rates?

• Decreased consumer spending

• Limited room for rate cuts during a slowdown

• Increased inflation

• Higher unemployment

What is the potential risk of financial markets being 'ebullient'?

• Increased inflation

• Decreased consumer spending

• Higher unemployment

• Overheating of financial markets