Former Fed President Broaddus Discusses Upside, Downside Risks

The video discusses the Federal Reserve's economic outlook, highlighting that the Fed has not changed its projections for gradual rate increases despite some downside risks like weaker business investment. The Fed sees risks as balanced, with potential upside from tight labor markets and downside from interest-sensitive sectors like housing. The discussion also covers technical adjustments by the Fed and concerns about liquidity in the market.

What was the significance of the business investment numbers in the GDP report?

What role do interest-sensitive sectors play in the Fed's assessment of the economy?

How does the Fed view the balance of risks in the current economic outlook?