Federal Reserve Leaders Speak in Jackson Hole

The video discusses the Federal Reserve's approach to maintaining a restrictive policy to control inflation. It highlights the importance of seeing inflation decrease sustainably and the potential risks of under-tightening versus over-tightening. The speaker emphasizes the goal of reducing inflation without causing a major recession, noting the progress made and the need for continued positive economic news.

What would be a major triumph for the Fed regarding inflation?

What is necessary to continue receiving good news about inflation?