Fed's Mester Says Economic Fundamentals Are Good, Virus Is a New Risk

The video discusses the current state of the US economy, highlighting the strength of consumer fundamentals despite some volatility in monthly numbers. It addresses the potential risks posed by the coronavirus, particularly its impact on growth forecasts. The manufacturing sector shows signs of stability, though business investment remains uncertain. The video concludes with a discussion on monetary policy, emphasizing that current policies are well-positioned given low inflation and strong labor markets.

What is the general sentiment among manufacturers in the district regarding the economy?

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What factors are considered when evaluating economic policy decisions?

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