What has been the trend of core inflation since the fall of 2022 according to the text?
Fed's Bowman Says More Policy-Rate Increases Needed
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The video discusses the federal funds rate and its role in controlling inflation. It highlights the impact of inflation on low-income communities and the need for additional policy rate increases to achieve a restrictive monetary stance. The speaker emphasizes monitoring economic data to guide future monetary policy decisions.
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OPEN ENDED QUESTION
3 mins • 1 pt
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3 mins • 1 pt
What signs is the speaker looking for to consider appropriate monetary policy?
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