Risks to the forecast now seem more balanced than they have been for some time. In particular, the global picture has brightened as growth and inflation have broadly moved up for the first time in several years. Here at home, risks seem both moderate and balanced, including the downside risk of lower inflation and the upside risk of labor market overheating. The Committee has been patient in raising rates, and that patience has paid dividends...If the economy performs as expected, I would view it as appropriate to continue to gradually raise rates." -Jerome Powell, speech to the Economic Club of New York, June 2017 Jerome Powell became chair of the Federal reserve in 2018. Use the quote from Powell's speech and your knowledge of U.S. Government and Politics to answer parts A, B, and C. A. Describe the viewpoint expressed in the quoete