Federal Reserve Bank of Boston | bostonfed.org |
Bank Administration, 7 January 2020
Outline of today's talk: The Two Economies
▶ A quick update on the overall economy
▶ The economic fundamentals remain sound
▶ Especially for consumers
▶ Some risks, especially foreign growth, tariff-related uncertainty
▶ Fed's actions last year reduced the potential impact of these risks
▶ What lies beneath the aggregate numbers
▶ Large swaths of the population not succeeding
▶ Optional topics: Discussion of a number of MP issues
▶ Toolkit, liquidity issues, wages, inflation
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