Watch the following video of Federal Reserve Chairman, Jerome Powell, presenting the findings of the last Federal Open Market Committee Meeting. You can click on the FOMC Press Conference Video, and watch about the first 10 minutes of the overall press conference in the Videos section of the Federal Reserve website.

https://www.federalreserve.gov/videos.htm

Once you have watched the video, discuss the following in 250+ words. Please use complete sentences and keep in mind grammar counts here. Be sure to answer each question in detail:

1. According to the Chairman, what goals does Congress set for the Federal Reserve?
2. What is their current stance on interest rates in 2020?
3. What is happening to the economic indicators that he discussed in the statement (the ones we have already studied: consumption, business investment, net exports, unemployment/labor market, inflation, trade, etc.)? Please discuss each of these indicators.