Powell Comments Show Fed Is 'Awake at the Wheel,' Economist Swonk Says

Powell Comments Show Fed Is 'Awake at the Wheel,' Economist Swonk Says

Assessment

Interactive Video

Business

University

Hard

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The video discusses the Federal Reserve's current stance under Chairman Powell, highlighting an indefinite pause in rate hikes and a shift in policy to support economic expansion. The Fed aims to maintain strong labor markets without focusing on inflation, sending a message to markets and addressing criticism from the administration. The Fed acknowledges robust economic data but is cautious of global risks like Brexit and trade tensions. While not committing to further easing, the Fed maintains policy flexibility.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the term 'artful dodging of questions' imply about Powell's communication style?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways does the Fed's policy aim to support the economy during uncertain times?

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