Powell Backs Gradual Fed Rate Hikes in 'Extraordinary' Economy

The video discusses the economic recovery since the financial crisis, highlighting the current strength of the economy with low unemployment and stable inflation. It forecasts continued stability and explains the Federal Reserve's policy of gradual interest rate normalization to balance risks and maintain economic expansion.

What key economic indicators does the speaker highlight as signs of a strong economy?

• Low unemployment and high inflation

• High unemployment and low inflation

• Low unemployment and low inflation

• High unemployment and high inflation

According to the speaker, what is the general outlook of forecasters regarding the economy?

• A rise in inflation rates

• A decline in economic growth

• An increase in unemployment

• Continuation of current economic conditions

What does the speaker describe as a historically rare economic pairing?

• High inflation and high unemployment

• Low inflation and high unemployment

• Low inflation and low unemployment

• High inflation and low unemployment

What is the purpose of the Fed's gradual interest rate normalization policy?

• To balance risks and sustain economic growth

• To decrease employment

• To increase inflation

• To reduce economic expansion

What does the speaker aim to maintain while extending the current economic expansion?

• High inflation and high employment

• Low inflation and low employment

• Low inflation and maximum employment

• High inflation and low employment