Fed's Mester Says U.S. Economy Is on 'Sound Footing'

The video discusses a speech by Loretta Mester on the US economy, highlighting the importance of central bank independence and the current state of inflation and interest rates. It covers the recent CPI and PCE trends, the implications of the FOMC minutes, and the potential impact of political factors like trade and fiscal policies on the economy.

What actions were taken to help the US economy recover from the Great Recession?

What is Loretta Mester's perspective on inflation and unemployment?

How does the latest CPI report impact the Federal Reserve's inflation rate expectations?

What is the significance of the upcoming FOMC minutes in relation to inflation concerns?

What are the potential implications of Donald Trump's policies on the economy?