Visit this url link below in the Federal Reserve website and read the entire tra

Question

Visit this url link below in the Federal Reserve website and read the entire transcript of the speech given given by the Fed’s Chair Jay Powell on February 27, 2018 at the US Congress regarding the US monetary policy perspective in the context of the current state of the economy. After highlighting his key points on monetary policy measures, critically give his key recommendations for monetary policy to cope up with future challenges by the Fed to fine tune the economy in the face of possible inflation pressure in near future given the full employment state of the economy. 4pts

https://www.federalreserve.gov/newsevents/testimony/powell20180226a.htm

Explanation / Answer

Key points on monetary policy measures:

Key recommendations of Federal Reserve's Chairman Jay Powell on fine tuning the economy in the face of inflationary pressures given the full employment state of the economy:-

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