Rosengren Says Fed Patience Means Being Consistent With Dual Mandate

The video discusses economic forecasts, emphasizing the need for clarity and consistency with dual mandates. It explores potential outcomes, such as a strong GDP and decreasing unemployment, despite weaker financial data suggesting a slowdown. The speaker highlights the importance of understanding discrepancies between economic indicators and acknowledges the volatility and differing views of financial markets.

What does the speaker mean by wanting clarity on what's happening in the economy?

How does the speaker describe the relationship between unemployment rates and GDP?

What are the implications of the financial data being much weaker according to the speaker?

What does the speaker suggest about the forecasts for the economy in 2019?

How does the speaker view the volatility of financial markets in relation to their forecasts?