Powell Sees 'Conflicting Signals' in a Healthy U.S. Economy

The transcript discusses the expected solid pace of economic activity and a strong job market, despite slower growth compared to 2018. It highlights the impact of declining energy prices on inflation, which is expected to remain close to the FOMC's 2% goal. Current economic conditions are healthy, but there are concerns about market volatility and less supportive financial conditions. Growth has slowed in major foreign economies like China and Europe, with elevated uncertainty due to unresolved policy issues such as Brexit and trade negotiations. The situation will be closely monitored as it evolves.

How have recent energy price declines affected headline inflation?

What is the expected trend for inflation according to the text?

What are some of the cross currents and conflicting signals mentioned in the text?

Which major foreign economies are mentioned as having slowed growth?

What unresolved government policy issues are highlighted in the text?