What is the current forecast of the Federal Reserve regarding inflation for 2024?
Bill Dudley: Fed May Need to Hike Rates Four or Five Times This Year

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1.
OPEN ENDED QUESTION
3 mins • 1 pt
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2.
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3 mins • 1 pt
How does the tightness of the labor market affect wage growth according to the discussion?
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3.
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3 mins • 1 pt
How did the Federal Reserve's approach to monetary policy change from 2004-2006 to 2016-2019?
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4.
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3 mins • 1 pt
What is the significance of the federal funds rate in relation to inflation and economic sustainability?
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5.
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3 mins • 1 pt
What role does the Taylor rule play in the current monetary policy discussions?
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6.
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3 mins • 1 pt
What are the four mistakes made by the Federal Reserve as mentioned in the text?
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7.
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In what ways does the text suggest that the Federal Reserve's communication to financial markets could be improved?
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