Powell Says Fed Is in 'Active Consideration' of Tapering

The video discusses the current economic situation, highlighting elevated unemployment and inflation levels. It outlines plans to reduce asset purchases once substantial economic progress is achieved, referencing meetings to assess this progress. Additionally, it sets a higher benchmark for raising interest rates, indicating a cautious approach to future economic policies.

What is the significance of the upcoming meeting mentioned in the text?

What criteria are set for raising interest rates according to the text?