Yellen Says Economy to Grow at Moderate Pace

The video discusses the current state of the economy, focusing on inflation and employment. It highlights that inflation is slightly below the 2% target, while employment is near full capacity. The economy is growing moderately, driven by consumer spending and improved investment. The global economy is also showing signs of recovery. Looking ahead, the goal is to maintain economic stability through appropriate monetary policies, ensuring full employment and stable inflation.

What factors are contributing to the moderate growth of the economy?

What is the speaker's outlook on the future of the economy?