Kugler Says Inflation on Sustainable Path to Fed's 2% Goal

Kugler Says Inflation on Sustainable Path to Fed's 2% Goal

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Business

University

Hard

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The transcript discusses the progress made towards achieving maximum employment and stable prices, noting that the labor market is solid and inflation is on track to meet the 2% goal. It emphasizes that future policy decisions will be data-driven, with upcoming reports on jobs and inflation being crucial. The speaker highlights the importance of monitoring economic conditions, particularly supply shocks, to maintain progress in reducing inflation and sustaining economic activity. The current policy is deemed well-positioned to handle uncertainties while pursuing the dual mandate.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the dual mandate mentioned in the first section?

Low taxes and high government spending

Balanced budget and trade surplus

High GDP growth and low unemployment

Maximum employment and stable prices

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the target inflation rate mentioned in the first section?

3%

2%

1%

4%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is emphasized as important in the policy-making approach?

Focusing only on employment

Ignoring market trends

Assessing new data

Following a fixed path

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What upcoming reports are mentioned in the second section?

GDP and trade balance

Jobs and inflation data

Consumer confidence and retail sales

Interest rates and stock market

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the concern regarding supply shocks in the third section?

They only affect employment

They are irrelevant to inflation

They may reverse economic progress

They will always be positive