शैडोइंग अभ्यास: FOMC Press Conference, October 28, 2026 - वीडियो के साथ अंग्रेजी बोलना सीखें
अभ्यास मोड चुनें
हर मोड पूरी स्क्रीन का अभ्यास कक्ष खोलता है।
447 वाक्य
यदि वाक्य बहुत छोटे या लंबे हों, तो समायोजित करने के लिए Edit पर क्लिक करें।
1
Good day.
2
This morning, the FOMC decided to maintain the target rate for the federal
3
funds rate at 3 .75 % to 4 % in support of the Federal Reserve's dual mandate.
4
Economic activity is expanding at a strong pace.
5
While uncertainty remains, owing in part to geopolitical developments, domestic spending has been resilient.
6
Productivity growth is strong and capital investment robust.
7
Job gains have kept pace with the workforce and the unemployment rate has changed little, but inflation remains elevated.
8
The committee believes
9
that the accumulation of more information will help it determine the
10
policy stance appropriate to ensure a timely return of inflation to the two percent goal
11
the committee will deliver price stability at each policy meeting my colleagues
12
and i assess the economy by looking out the window
13
it's what we call interrogating reality to gauge what's really going on it is not a task
14
that has grown easier so what exactly do we observe economic growth has strengthened.
15
The GDP increase in the first half of this year was
16
revised up from an earlier estimate of 1 .8 percent up to 2 .4 percent.
17
And the third quarter appears to have brought an even more rapid advance, led by healthy consumer spending, likely running above 3 percent growth,
18
and business investment likely rising at about a double -digit pace.
19
Capital expenditure are at a historically high share of GDP.
20
High -tech investment is leading the acceleration, but there's also been a broadening in other categories, and these trends bear watching.
21
What about the jobless rate?
22
The jobless rate is lower than a year ago, and payroll growth is noticeably above last year's pace.
23
The four -week moving average of unemployment insurance claims continues to run at the lowest level in generations.
24
So on the employment side of the Fed's dual mandate, conditions are quite positive.
25
And yet Americans, of course, are still dealing with inflation that has been running above the committee's objective for close to six years.
26
It's our responsibility to get inflation down.
27
That's the reason the FOMC's discussion over the last couple of days focus mainly on the price stability side of our remit.
28
Since our policy action in September, we have started to see some changes in financial and credit conditions.
29
They have tightened for some businesses and households, much as we would expect.
30
Market participants are becoming somewhat more discerning in their capital allocations.
31
And while overall financial conditions are tighter, I'm unwilling and unable to call them tight.
32
But broadly, these developments go in the direction of achieving a longer,
33
more durable period of economic growth and price stability.
34
Over the last couple of days, the committee had a good discussion of the changes in the economic and financial landscape that marked this intermeeting period.
35
We discussed geopolitical developments and fast -moving changes in technology.
36
We observed, but were not surprised, that financial markets showed bouts of volatility and shifting correlations.
37
So as we widen the frame to survey the broad economic and financial picture, real activity is clearly pointing in the right direction.
38
That's good news.
39
But inflation is too high.
40
Energy and related prices have moved higher again in recent weeks,
41
and our job is to ensure that relative price changes in some sectors do not broaden out across the economy,
42
and that inflation expectations remain as they are anchored.
43
While these uncertainties are real, there's no lack of clarity in our purpose at the Fed.
44
Since becoming chairman just five months ago, I've been honored to work with FOMC policymakers who are unambiguous in their commitment to stable prices.
45
We've made clear our readiness to act as circumstances require and we have shown our willingness to act.
46
The information we receive over the coming period will help us determine where we want policy to be and at every turn,
47
good or bad, our job is to get monetary policy right.
48
And that's exactly what we're doing.
49
Now, with this objective in mind, we've decided on a change in our FOMC schedule starting next fall.
50
We believe eight meetings per year is the right number for the FOMC.
51
But in 2027, one meeting will focus exclusively on broad monetary policy strategy,
52
with neither a vote on the federal funds rate nor a policy statement anticipated.
53
The rest will be regular FOMC policy setting meetings.
54
And I expect that in 2028, we'll have two meetings dedicated to discussions of strategy and six for setting policy.
55
Now, what's the reasoning behind this change?
56
To me, it's quite straightforward.
57
Getting policy right involves assessing near -term developments at timely, regular, and information -rich intervals.
58
But it's equally important we reserve time and space as an intellectually diverse group for strategic deliberations,
59
for thinking anew about big questions, looking out over longer time horizons, focusing, as I say, on the left side of the decimal point.
60
I believe the setting of the meeting schedule and agenda is more than some administrative detail.
61
It's an institutional choice, affecting the nature and the quality of our deliberations, and ultimately the wisdom of our decisions.
62
It's yet another change to get the conduct of monetary policy on the right track.
63
I appreciate your attention this afternoon.
64
Now my time is yours, and I welcome your questions.
65
Thank you.
66
Colby Smith of The New York Times.
67
There's been essentially no progress toward the 2 % inflation target.
68
The labor market remains stable, as you suggested in your opening statement,
69
and most of your colleagues seem to be on board with raising rates in December.
70
So why not just raise rates today?
71
So it's a good question.
72
I will say I read your stories the last day or two, so I must admit I sort of saw that question coming.
73
What I said in my prepared statement was information coming in
74
the coming period will help us tell us where we want to be
75
but I suspect you want a little more than that.
76
So let me give it a shot.
77
Ensuring price stability, Colby, quashing inflation, is not about some fixed individual date on a calendar.
78
Same way it's not about some isolated data point.
79
If it were about those two things, this job would be easier
80
and we wouldn't be suffering from nearly six years of inflation above target
81
so what's this about it's about ensuring we have clear objectives
82
and it's about a monetary policy strategy which might sound to your ear
83
and others like a change from the last several years
84
so let me step back uh in the five months or
85
so that i've been around we've put in place what i describe as new monetary medicine well what's been in
86
that package of medicine
87
First thing we did when we showed up with my colleagues is we doubled down on the 2 % inflation target.
88
We said, we own it.
89
We're taking responsibility for it.
90
And if you think that we're tolerating some inflation target somewhere in the twos, let us disabuse you of it.
91
That was the first part of this, new monetary medicine.
92
Second part is we took responsibility.
93
No anguish of central banking here.
94
No blaming others.
95
It's the third thing that we've done.
96
we laid out for you
97
and the world our framework
98
i did it in jackson hole was part of the discussion the last couple days of the framework
99
that many of my colleagues skew to as well
100
this is how we think about how monetary policy should work these are the transmission mechanisms
101
and this is how we're going to deliver then what we do we interrogate reality we do
102
that periodically that's a very useful thing to do
103
but we don't just talk we act and so in september when we last met we acted.
104
We removed a dose of accommodation.
105
So what are the signposts about how this new strategy is going?
106
Inflation compensation, as measured by swaps, prices, many other measures, inflation compensation is going in the right way.
107
Inflation expectations.
108
The world is quite unsettled.
109
If you'd say, absent the Fed, what would have happened to expectations?
110
They might to go on the wrong way.
111
They've gone the right way too.
112
So I feel good about those signposts.
113
The period right in front of us is information rich.
114
There is a lot that's happening in the world.
115
My colleagues and I are keen to take notice of it.
116
So in this coming period, what do i think
117
we're going to be able to do we're going to be
118
able to figure out what's the appropriate protocol as part of this package
119
that we start deliver five months ago to deliver price stability
120
i'm encouraged by the progress we've made in a short period of time
121
but if the crux of your question is you haven't delivered yet you haven't achieved price stability you're right about that, but we're working on it.
122
Thank you, Chair Warsh.
123
So, if I could, this statement says
124
that the accumulation of more information will help the committee determine the policy stance appropriate to ensure timely return of inflation
125
to the 2 percent goal.
126
Does that mean that the current level of the Fed Funds rate might already be the right one?
127
well um we've got to determine the appropriate protocol
128
if you were listening next to me in that room the last couple of days
129
the overwhelming consensus the overwhelming judgment is
130
that what we've done in this monetary medicine starting to work some
131
but there's no firm conclusions
132
if we had a firm conclusion about the conduct of monetary policy we'd announced
133
it to much fanfare today what we decided to do was
134
to call these question take stock of where we are evaluate
135
what we're seeing out the window ask ourselves whether the period
136
right in front of us is likely to provide more clarity
137
on the appropriate protocol my judgment the judgment of my overwhelming number of colleagues is that it would steve please Mr. Chairman,
138
before, thanks for taking our questions, but before the meeting, several
139
members of the board and the committee went out and told us
140
that we're going to take more time and that had a profound effect on the outlook for the funds rate.
141
Were you involved in discussing that message with them?
142
And if you don't mind, I'm sorry, but a protocol question, what will be the disclosure,
143
public disclosure on the meetings where you're not going to have a statement?
144
So two questions.
145
I'm sorry.
146
Two questions.
147
Did you not hear the one question rule?
148
I did, but I thought there was like a protocol thing I could do.
149
I would.
150
That was like a parliamentary procedure question you were asking.
151
That didn't count.
152
I hesitate to indulge the second question.
153
I fear what it would do.
154
But let me see if I can do it and not have the slippery slope among us.
155
Your first question was about my colleagues.
156
I've got 18 quite independent colleagues.
157
If you were inside that room the last couple of days, you would come to believe that to be true.
158
One way to test the independence of my colleagues is, I don't know if you've heard, Steve, but I don't submit a dot.
159
I don't plan on submitting a dot.
160
But the 18 of them do.
161
To suggest somehow that I am some kind of all -knowing person sending messages out,
162
that's not the committee of the FOMC that I know.
163
These are serious, sober, responsible people.
164
We had a serious, sober discussion.
165
So that's the answer to that.
166
On the parliamentary question, which doesn't count as a question, I'll just say this.
167
We've made a decision that at that strategy meeting in 27 and the two strategy meetings in 28, I do not anticipate making any policy decision,
168
putting out a policy statement.
169
But what might we come out with?
170
It's not obvious yet.
171
There's more news to come on that.
172
The decision on the new format for the meetings is relatively new.
173
It was a robust discussion over a couple of meetings of how to handle that.
174
As we get details of that, which are still now not until next fall, we'll be prepared to share them with you.
175
Nicole.
176
Hi, Nicole.
177
Good kind with Barron.
178
Thanks for taking my question.
179
In September, you mentioned
180
that the Fed has a role in sustaining the economic progress happening in America right now
181
and in the rising opportunities that come with it.
182
I'm wondering if you can expand on whether you see this as a mandate and how you intend to fulfill that mandate.
183
So the mandate was given to us by Congress.
184
The mandate was deliver stable prices and deliver full employment all in the context of financial stability.
185
Now, they gave us some other homework to do on supervision and regulation payments, but I presume you're talking about monetary policy.
186
So what's the best thing we can do in this environment, looking out our window to deliver on that remit?
187
Ensure stable prices.
188
I mentioned, I think, at a prior press conference, if you were trying to do the most harm, the least well -off among us,
189
you would let the last six years of inflation above the Fed's target, usually well above the Fed's target, you'd let that continue.
190
So that's the most important thing we can do as we look out the window, and that's what we plan to do.
191
You probably heard me say this we will deliver price stability
192
No, ifs ands or buts and that continues to be the case Eleanor.
193
Eleanor Mueller was said before.
194
Eleanor Mueller was said before.
195
Wanted to ask you about the working groups, when we can expect the reports to come up,
196
and if there is anything you can preview for us, whether it's on AI or data or balance sheets.
197
Sure.
198
These five task forces are hard at work.
199
I have scarcely seen anything that would constitute a final report, But I have done some periodic check -ins with them,
200
and I am impressed by the rigor of the intellectual discussions, by the seriousness of the task that we've given them.
201
Now, some of the questions that I ask to kick off the reports, they want to answer those and answer a whole range of other questions,
202
which might go to other task forces.
203
But I'm impressed by what they're doing.
204
I gave them, like I told you, a year -end deadline.
205
I think some but not all of the groups will probably hit their deadline and turn their homework in on time
206
But that just begins the process by which we're going to be consuming which is intellectually serious work
207
That's a catalyst for us to think anew about productivity and jobs and an inflation framework
208
And what's the best data to help us do our job how to think about the balance sheet task force?
209
Um, these are huge intellectual investments that I think are going to bear fruits in the next policy conjuncture.
210
Um, unlikely to find their way into this policy conjuncture given the important role as consumers of these ideas that my colleagues have.
211
But I will have one small announcement.
212
Um, I previewed this when I was at an IMF meeting, much to the chagrin of some of my colleagues around here on November 16th,
213
the productivity and jobs task force will be doing a field hearing, inviting a broad range of people who have strong views.
214
What are the implications for jobs in the economy near term, medium term, long term?
215
Is this a productivity miracle that's going to happen?
216
Or will it happen slowly?
217
I know I for one, I'm keenly interested in refining my own views on that question.
218
But that task force decided they
219
They wanted to hear from more people as part of their undertaking.
220
I plan at attending.
221
I might have a few words to say at the outset of that conference.
222
I expect the conference will go three, four hours.
223
It'll be pretty wonky stuff.
224
I don't know how good the material will be for the likes of you and your colleagues.
225
But it's a purpose to do a lot of listening for me to interrogate the reality in front of me.
226
What do experts in their fields think about this?
227
What are the implications for the dual mandate that I referenced to your colleague?
228
Is this going to make it harder or easier for us to achieve price stability over the next several years?
229
What are the implications for jobs, medium and long term, but near term, too?
230
So we're going to explore those largely in the public realm on November 16th.
231
I look forward to seeing you there.
232
MS. James Rosen.
233
Thank you so much.
234
Thank you, Mr. Chairman.
235
James Rosen with Newsmax.
236
You spoke of interrogating reality.
237
Since reality is a no -show here today, I'm going to satisfy myself with interrogating you.
238
You spoke earlier in your remarks here today about how your colleagues are serious
239
and sober people who are committed to price stability.
240
In an event in the Oval Office on October 7 of this year, President Trump said, and I quote,
241
Kevin is great, but Kevin's one vote out of a board with numerous people
242
that were put on by Obama and Biden and a couple by me
243
so you have a board
244
that would like to see the country do badly in my opinion do you agree with those comments
245
so james i appreciate the question
246
i'm not going to be responding to uh to quotes from
247
public officials what i can tell you is my experience in five months here
248
we just came out of a heck of a family fight a serious sober discussion
249
i think we came to uh the right policy decision for this moment,
250
and I'm honored to be here and honored to be the chairman of this group.
251
Maria, let me say that.
252
Chairman Walsh, Maria Luis Acapurro with Bloomberg News.
253
So the economy is strong.
254
Inflation is well above 2%.
255
You're saying inflation expectations are going the right way,
256
but surveys show that households expect inflation to remain above the Fed's goal and not just for the short term.
257
Using a hike today, I'm waiting for more data.
258
I haven't really heard the clear arguments as to that decision.
259
So do you worry that with today's decision, households may not believe your pledge to bring down inflation clearly and at sufficient speed,
260
and instead will read this decision of holding rates steady as a sign that the central bank has, in fact, a soft inflation target?
261
Yeah.
262
So what I can do is tell you there's no soft inflation target.
263
There's no implicit inflation target.
264
There's a target of price stability, and it's 2 percent as measured by PCE.
265
It took six years for inflation to have the effect on consumers that you reference.
266
But I would say this.
267
When consumers interrogate reality, they look outside their window, too.
268
They go to the gas station, too, and they see that prices are up.
269
I am not going to be the guy who says that oil prices haven't gone up,
270
and when they fill up their tank, they don't see it.
271
And so inflation's gone up in expectations in the very near term because they're doing what we're doing, interrogating reality.
272
But if you look out over the horizon, if you look at most, but not all, measures, what you see is households,
273
businesses, financial markets, they have the confidence that they should have that this central bank will deliver price stability.
274
Edward, Lawrence.
275
Thank you, Mr. Chairman.
276
Edward Lawrence, Fox Business.
277
So do you see a direct line correlation between oil prices and the inflation we're seeing in the United States?
278
And if so, how fast could inflation fall or react to falling oil prices?
279
So I don't want to engage in hypotheticals, but I can look out our window and see what's happened.
280
There'd been a stable correlation between oil prices, as they've moved up this year, generally, and interest rates.
281
Not the interest rates that we control, but interest rates set in the market.
282
That correlation has been quite strong until very recently.
283
We've seen oil prices continue to move up, largely due to geopolitical events.
284
We've seen crack spreads between oil and refined products continue to stay elevated.
285
But what's happened?
286
Interest rates have rolled over to the downside.
287
I'm not a Wall Street newsletter.
288
I'm just telling you when I look out the window over the last several months, that is what we've seen.
289
To the extent that oil prices were to move lower, again probably due to geopolitical events,
290
that's something that we're going to have to interrogate.
291
What are the effects on the Fed's dual mandate?
292
What are the effects on financial market prices and what are we going to do about it?
293
But that's a hypothetical.
294
And in fact, if we look at financial market prices, um, uh, futures prices for oil,
295
they've moved up over the course of the last several weeks and I can't help but take note of that too.
296
Thank you.
297
Thank you.
298
Claire Jones, Financial Times.
299
Much of the growth that we're seeing in the U .S economy now
300
and quite a bit of the inflation too is coming from the AI boom.
301
There's quite a lively debate as to whether or not,
302
you know, this is a part of the economy that's sensitive to interest rates in the same way as, say, housing.
303
I'd love to get your sense of, you know, do rates need to rise more,
304
given that so much of the U .S economy now is about AI than it otherwise would if,
305
say, you know, housing was a bigger part of the story.
306
Thank you.
307
Thank you, Claire.
308
So there was a narrative for quite a while, maybe even in this room over the course of the last several press conferences.
309
Well, they're going to raise rates, they're talking about raising rates, but it's not going to have any effect on ai
310
because the returns that investors are expecting are
311
so different um i was skeptical of
312
that view interest rates get in the cracks interest rates affect directly
313
or indirectly almost everything and what have we seen since early september what we've seen inside of the technology complex,
314
outside of the technology complex, whether you pronounce it AI or SI, Claire, is up to you.
315
What have you seen?
316
Interest rates have had an effect.
317
You see market participants that are discriminating between the kinds of investments they want to make.
318
You've seen credit spreads for certain assets widen out, gap out.
319
For others, you've seen some tightening in financial conditions, but not significantly.
320
So on the thrust of your question of with respect to the new technology and this investment surge, do interest rates matter?
321
I believe they do.
322
And I don't believe that they're somehow divorced from the rest of the economy.
323
Secondly, I'll just say this.
324
It is convenient to say that the strength of the economy is all about this new technology wave.
325
In fact, if we look at the data, really including data from the last meeting till this, the CapEx story is not just robust,
326
not just strong, but it is broadening.
327
And so if you want to tell the story somehow that this is This is...
328
strength we're seeing only in narrow pockets.
329
That's a much harder story to tell now than it would have been several quarters ago.
330
Elizabeth Schultz, on the back right.
331
Thanks so much, Elizabeth Schultz with ABC News.
332
As you know, the midterm elections are in six days.
333
Did the midterms factor into the Fed's decision to stay on hold?
334
And if not, how can you assure the American public that politics were not at play here?
335
So, um, politics played no role in the decision.
336
I just spent two days with my colleagues upstairs.
337
I didn't hear an utterance about politics.
338
I didn't hear a reference to politics, elections, what's happening in the next week or so.
339
I didn't hear anything about it.
340
And I don't believe it had any role in the decision, not just for me, but my colleagues around the room.
341
But I will say it's an information -rich interval in the coming period having nothing to do with politics.
342
Chris Rugeber.
343
Hi, thank you, Chris Rugeber at Associated Press.
344
I know you don't like the statement of economic projections, but last month they did, your colleagues penciled in another rate hike for this year.
345
And so could you give us your sense from this meeting
346
whether you still see widespread support for another hike this year around the table?
347
Thank you.
348
So the blackout period for them ends, I think, on Friday or at some point over the weekend.
349
So they might they might indulge you in that discussion.
350
I don't believe in forward guidance, absent exigent circumstances, absent a crisis.
351
I have to give that caveat because in the darkest days of the 2008 financial crisis,
352
in part using some literature and thinking from a very recent
353
Nobel Prize winner that kind of forward guidance is actually quite helpful
354
but in normal ordinary times especially times where the underlying real economy is this strong
355
I don't believe in it I don't favor
356
it I also don't believe in prejudging meetings a lot of things can happen
357
so I'm not gonna be able to to share with you my musings about what happens
358
when this group gets together six weeks from now.
359
But my judgment is that we might learn a lot and like in my response to Colby's question will be,
360
I think, better position to determine the right policy decision and the stance of policy.
361
Saying we Hi, my name is from the Korea Economic Daily newspaper.
362
I got a question as a foreign press
363
you have spoken several times about the possibility of the Fed shrinking its balance sheet further
364
If that plan moves it forward later
365
How would you avoid the disrupting foreign official holders of treasuries or dollar funding markets abroad like
366
South Korea and Japan?
367
So thank you for your question first off I would say
368
I pay probably more attention to the Korean economy than you might think because
369
when I'm looking at the feedstocks effectively for this new surge in technology a lot of it's coming from Japan
370
and Korea some from Singapore
371
so I'm particularly interested in in what's happening in the Korean economy usually
372
because it's telling me what's what's on planes and ships coming this way.
373
Secondly, I should say that your new central bank governor is someone I've known for 20 years
374
and is a very talented guy and a good friend, so I'm glad he's in that post.
375
He and I met actually about 20 years ago amid the global financial crisis, as it would come to be known.
376
And I remember this is a generation of discussions with him
377
about the use of the balance sheet in exigent circumstances like we had then.
378
At this point, the balance sheet is solely within the four walls of the balance sheet task force.
379
Now, I have checked in with them, full disclosure.
380
They're working away and comparing their best thoughts.
381
And I think the conclusions they come to, the recommendations they come to, will be fed into the FOMC probably early in the first quarter,
382
but don't hold me exactly to that timing and and
383
if we decide to make changes in the balance sheet it'll be after a serious consideration of their proposals
384
and their recommendations I
385
think it is unlikely to have any material effect on this policy conjuncture
386
but it's a question we should get to the bottom too
387
and I look forward to doing it with the help of the outside task force
388
Nick Temeroso of the Wall Street Journal.
389
Chairman Warsh, I want to follow up on your answer to Claire's question.
390
As the AI investment boom becomes more dependent on external financing,
391
does that make aggregate demand more sensitive to interest rates than it was before?
392
And related to that, when you removed a dose of accommodation last month, did you see about what you bargained for?
393
so you gave me two questions
394
and neither of them were ahead of any sort of parliamentary out
395
so you're giving me the opportunity to choose choose choose which of those um
396
so i'll answer your second question um
397
when we removed a dose of accommodation i don't know six weeks ago uh
398
we don't have perfect foresight on what financial markets are going to do with it
399
But broadly, I would say the effects on financial markets, on financial market conditions broadly were consistent with my expectations.
400
Howard Schneider.
401
Howard Schneider with Reuters.
402
Thank you, Chairman Worsh.
403
I'm going to take
404
Nick's first question then.
405
Okay.
406
Give it to me again.
407
I don't remember.
408
No. It's about aggregate demand and the components of inflation.
409
A lot of your colleagues have said
410
they felt the investment boom in AI was now adding a strong demand component to inflation,
411
and this was a handoff from the supply side concerns that might be expected to fade over time.
412
How much do you think demand is adding to inflation right now, and how sensitive will that be to Fed control?
413
Good, good, good, good, good pickup of that.
414
Good team effort. So I'd say this.
415
The only things we really know in economics and supply and demand cross.
416
Our measures of the size and the shape of the aggregate demand curve is imperfect.
417
Broadly, what I heard in the room the last couple of days is consistent with my own views, which is the economy is strong.
418
I didn't try to sugarcoat that in the first part of my statement.
419
The economy has been marked up for the first three quarters.
420
The economy is pointing in the right direction.
421
is the economy running too hot is the economy running too strong
422
that isn't the judgment of most of my colleagues part of
423
it is we never know what potential growth really is howard
424
my judgment is we have seen an improvement in productivity we can't measure it precisely i think most of
425
that change in productivity precedes everything we're talking about
426
superintelligence but productivity has been moving higher in the economy however imperfectly measured i think for a couple of years
427
and so economic growth is higher but that doesn't tell me
428
that economic growth is somehow causing inflation and making our job harder
429
but we'll be continuing to look at those issues the goal in my view
430
and you've heard me say this before isn't to throw sand in the gears of the economy
431
and throw people out of work.
432
I don't think we have to do that.
433
The dominant means in which this policy is going to be put into practice is we are tightening financial conditions.
434
They've tightened a bit since we met last time.
435
That isn't something that we're uncomfortable with.
436
That tells me that policy is working, and I think we can do that and make the economy more durable,
437
have it last longer, and still achieve stable prices.
438
Okay, we'll go to Victoria for the last question.
439
Hi, Chair Warsh.
440
Um, Victoria Guido with Politico.
441
I wanted to ask, next week is, uh, a hearing at the White House on Lisa Cook's future and,
442
uh, allegations that have been made against her.
443
Are you personally or the Fed as an institution going to be involved at all in those proceedings?
444
Uh, not to my knowledge.
445
Thank you.
446
Thank you, guys.
447
Thank you.
ऐप डाउनलोड करें
धाराप्रवाह बोलने के लिए ज़रूरी सब कुछ
AI उच्चारण स्कोरहर वाक्य का स्कोर
IPA अभ्यासहर ध्वनि में महारत
शब्दावलीअपना शब्द भंडार बनाएँ
शब्द गेमखेलते हुए सीखें
उसी चैनल से
FOR YOU
अनुशंसित वीडियो
C1137 वाक्य
President Lagarde presents the latest monetary policy decisions – 10 September 2026
Daily ConversationUniversity StudentsWorking Adults
C11
362 वाक्य
How The Economic Machine Works by Ray Dalio
Daily ConversationUniversity StudentsWorking Adults
C12
44 वाक्य
How Long Can the Fed Hold On?
Business EnglishDaily ConversationUniversity Students
C14
106 वाक्य
DPM Gan Kim Yong's Speech at the "Trust and AI: Navigating a World in Transition" Leaders Dialogue
Daily ConversationUniversity StudentsWorking Adults
C11
65 वाक्य
Even Scarier than we thought | Faye D'Souza
Daily ConversationUniversity StudentsWorking Adults
C12
583 वाक्य
Emergency Podcast: Why Vietnam Will Boom For The Next 5 Years | Michael Kokalari | EP 412
Daily ConversationUniversity StudentsWorking Adults
C135
11 वाक्य
The Federal Funds Rate Explained in One Minute: Federal Reserve Interest Rate Superpower or Threat?
Daily ConversationUniversity StudentsWorking Adults
C1165 वाक्य
Budget 2026: Anthony Albanese asked about gas tax, JobSeeker and transparency
Business EnglishDaily ConversationUniversity Students
C13
284 वाक्य
Does Rent Control ACTUALLY Work? Obama’s Chief Economist Breaks it Down | The Brief
Business EnglishDaily ConversationUniversity Students
C11
343 वाक्य
Special Address by Mark Carney, Prime Minister of Canada | World Economic Forum Annual Meeting 2026
Business EnglishDaily ConversationUniversity Students
C15
146 वाक्य
Can the Tech Surge Continue?
Business EnglishDaily ConversationUniversity Students
इस पाठ की शब्दावली और बोलने के सुझाव
यह स्पीकिंग पाठ वीडियो “FOMC Press Conference, October 28, 2026” पर आधारित है। सबसे ज़्यादा दोहराए गए शब्द ये हैं: inflation, price, policy, rate। इस वीडियो में शैडोइंग के लिए 447 वाक्य और 5303 शब्द हैं। बोला गया हिस्सा 34:04 लंबा है। वक्ता लगभग 156 शब्द प्रति मिनट की स्वाभाविक गति से बोलता है, जो रोज़मर्रा की बातचीत के करीब है। 83% शब्द अंग्रेज़ी के 3,000 सबसे आम शब्दों में से हैं; बाकी शब्द अभ्यास से पहले देख लेना अच्छा रहेगा।
इस वीडियो की मुख्य शब्दावली
वीडियो के 15 सीखने लायक शब्द, उच्चारण और अर्थ के साथ:
| शब्द | उच्चारण | अर्थ |
|---|---|---|
| inflation संज्ञा | /ɪnˈfleɪ.ʃən/ | मुद्रास्फीति |
| colleague संज्ञा | /ˈkɒliːɡ/ | सहकर्मी, साथी |
| stability संज्ञा | /stəˈbɪlɪti/ | स्थिरता |
| monetary विशेषण | /ˈmʌnɪtəɹi/ | आर्थिक, वित्तीय |
| mandate संज्ञा | /ˈmændeɪ̯t/ | अधिदेश, शासनादेश |
| sheet संज्ञा | /ʃit/ | पत्र, चद्दर |
| stable संज्ञा | /ˈsteɪ.bəl/ | गोष्ठ, अश्वालय |
| judgment संज्ञा | /ˈd͡ʒʌd͡ʒ.mənt/ | मूल्यांकन |
| expectation संज्ञा | /ˌɛk.spɛkˈteɪ.ʃən/ | आशा, अपेक्षा |
| dual विशेषण | /ˈdul/ | द्विवचन |
| conclusion संज्ञा | /kənˈkluːʒən/ | अंतिम |
| objective संज्ञा | /ɒbˈd͡ʒɛk.tɪv/ | उद्देश्य, मक़सद |
| accommodation संज्ञा | /əˌkɒm.əˈdeɪ.ʃən/ | आवास |
| absent विशेषण | /ˈæb.sn̩t/ | अनुपस्थित, ग़ैरहाज़िर |
| correlation संज्ञा | /ˌkɔɹ.əˈleɪ.ʃən/ | सहसंबंध |
वीडियो में आने वाली फ़्रेज़ल वर्ब
| शब्द | अर्थ |
|---|---|
| go out क्रिया | बाहर निकलना, निकलना |
दोहराने लायक वाक्य
वीडियो के छोटे, पूरे वाक्य जिन्हें आप रोज़ की बातचीत में इस्तेमाल कर सकते हैं:
- It's our responsibility to get inflation down.
- To me, it's quite straightforward.
- We're taking responsibility for it.
- Were you involved in discussing that message with them?
- Did you not hear the one question rule?
इस वीडियो का व्याकरण
वक्ता जिन संरचनाओं का सबसे अधिक प्रयोग करता है, वीडियो के असली शब्दों के साथ:
| संरचना | वीडियो में |
|---|---|
| Present perfect continuous have/has been + -ing — पहले शुरू हुआ काम जो अब भी जारी है | has been running · has been moving |
| Present perfect have/has + past participle — बीता हुआ काम जिसका असर अभी भी है | has been · have kept · has grown |
| Passive voice be + past participle — ज़ोर इस पर कि क्या होता है, न कि कौन करता है | are anchored · I've been honored · was given |
| Relative clauses who / which + उपवाक्य — व्यक्ति या वस्तु के बारे में अतिरिक्त जानकारी | that, which are · consuming which is · people who have |
ध्यान देने योग्य उच्चारण
वक्ता 125 बार संक्षिप्त रूपों का प्रयोग करता है, जैसे don't, I'm, we're। इन्हें वैसे ही छोटा बोलें जैसा आप सुनते हैं।
- “sh” और “zh” की ध्वनियाँ: inflation /ɪnˈfleɪ.ʃən/, sheet /ʃit/, expectation /ˌɛk.spɛkˈteɪ.ʃən/, conclusion /kənˈkluːʒən/, accommodation /əˌkɒm.əˈdeɪ.ʃən/
- लंबे शब्द — बलाघात सही रखें: stability /stəˈbɪlɪti/, monetary /ˈmʌnɪtəɹi/, productivity /ˌpɹɒdʌkˈtɪvəti/, expectation /ˌɛk.spɛkˈteɪ.ʃən/, parliamentary /ˌpɑɹləˈmɛnt(ə)ɹi/
हिंदी भाषियों के लिए मुश्किल ध्वनियाँ:
- /v/ और /w/ का फ़र्क़ — /v/ में ऊपर के दाँत निचले होंठ को छूते हैं, /w/ में होंठ गोल होते हैं: productivity /ˌpɹɒdʌkˈtɪvəti/, sensitive /ˈsɛn.sɪt.ɪv/, objective /ɒbˈd͡ʒɛk.tɪv/, framework /ˈfɹeɪm.wɜːk/, homework /ˈhoʊmˌwɝk/
- /z/ — इसे “ज” (/dʒ/) न बनाएँ: observe /əbˈzɜːv/, proposal /pɹəˈpoʊzəl/, wisdom /ˈwɪzdəm/, mechanism /ˈmɛk.ə.nɪ.zəm/, proceedings /pɹəˈsiːd.ɪŋz/
- शब्द की शुरुआत में s + व्यंजन — पहले “इ” न जोड़ें: stability /stəˈbɪlɪti/, stable /ˈsteɪ.bəl/, stance /stæns/, strategic /stɹəˈti.dʒɪk/, steady /ˈstɪdi/
इस वीडियो से अभ्यास कैसे करें
- पहले बिना बोले पूरा वीडियो एक बार सुनें और जो शब्द नहीं आते उन्हें लिख लें।
- 0.75× गति से शुरू करें, एक-एक वाक्य की शैडोइंग करें, और सहज लगने पर सामान्य गति पर लौटें।
- अपनी आवाज़ रिकॉर्ड करें और मूल से तुलना करें, ख़ासकर inflation, colleague, stability जैसे शब्दों पर ध्यान दें।
शैडोइंग तकनीक क्या है?
शैडोइंग (Shadowing) एक विज्ञान-समर्थित भाषा सीखने की तकनीक है जो मूल रूप से पेशेवर दुभाषिया प्रशिक्षण के लिए विकसित की गई थी। विधि सरल लेकिन शक्तिशाली है: आप मूल अंग्रेज़ी ऑडियो सुनते हैं और तुरंत इसे ज़ोर से दोहराते हैं — जैसे वक्ता की छाया 1-2 सेकंड की देरी से। शोध से पता चलता है कि यह उच्चारण सटीकता, स्वर, लय, जुड़ी हुई ध्वनियाँ, सुनने की समझ और बोलने की प्रवाहशीलता में काफ़ी सुधार करता है।