To 2 . Tendency is 1. 7 if this forecast was to become a would bethe economy approaching what my colleagues maximum employment and price stability for the decade. Me in nearly a i find this baseline outlook plausible. Of course, if the economy ouriently followed forecasts, the job of central easier. Would be a lot and their speeches would be a shorter. laughter alas, the economy is not often so compliant. So i will ask your indulgence for a few more minutes. Because the course of the uncertain, Monetary Policy makers need to carefully is dayor signs that it verging from the baseline in aok, and then respond systematic way. Let me turn first to monitoring three questions i believe are likely to loom large ongoing assessment of where we are on the path back maximum employment and price stability. Concerns thestion extent of slack in the labor market. Fomcs objectives is to pro meat a return to maximum employment. But exactly what conditions are consistent with maximum can be difficult to
Question 3 may be receiving all or most of voters’ attention this fall, but the ballot has seven other initiatives. Questions 1 and 2 are influenced by supporters and opponents of Question 3. “No Blank Checks” collected signatures to put Question 1.
Maine Affordable Energy, which opposes a publicly-owned power company in Maine, pulled in $3 million in the latest quarter, while Our Power raised $213,000 in the period that ended Oct. 5.