What to Expect From Janet Yellen's Speech

The transcript discusses the Federal Reserve's decision-making process regarding interest rates, influenced by employment numbers and the Brexit vote. It highlights the impact of 'free money' on market dynamics, particularly in mergers and acquisitions, and the potential for market bubbles. The conversation shifts to global economic challenges, including geopolitical risks and the role of cheap capital. Finally, it critiques the over-reliance on monetary policy, suggesting a need for broader fiscal measures to stimulate the global economy.

What was one of the reasons the Fed felt less pressure to move interest rates in June?

• There was no pressure from the FOMC.

• The Brexit vote was approaching.

• The global economy was stable.

• The employment numbers were strong.

How does 'free money' affect mergers and acquisitions according to the discussion?

• It has no impact on M&A activities.

• It raises company prices to unsustainable levels.

• It makes companies more affordable.

• It decreases company valuations.

What is one of the geopolitical risks mentioned that affects the market?

• The stability of the European Union.

• The increase in global trade.

• The American presidential cycle.

• The rise of new technology.

What has been the primary tool for stimulating the global economy, according to the final section?

• Technological innovation

• Trade agreements

• Monetary policy

• Fiscal policy

What is the suggested solution to the over-reliance on monetary policy?

• Increasing interest rates

• Broadening policy stimulus to include fiscal measures

• Focusing solely on monetary policy

• Reducing government spending