Goldman's Kaplan on Fed Cuts, Trump Policies and Tariffs

The video discusses recent interest rate cuts by the Fed and their implications for the economy. It covers the Fed's economic projections and potential policy changes under the new administration. The impact of President Trump's policies, including tariffs and immigration, on inflation and the economy is analyzed. The discussion also touches on the debt ceiling and economic policy challenges. Finally, the video explores the economic outlook for Texas, highlighting business growth and migration trends.

What was the Federal Reserve's recent decision regarding interest rates?

• Decrease by 1/4 point

• Increase by 1/4 point

• Increase by 1/2 point

• Keep rates unchanged

What is the main caution given about the economic projections?

• They are irrelevant

• They are overly optimistic

• They have a short shelf life

• They are highly accurate

Which policy is NOT mentioned as a focus of the new administration?

• Regulatory review

• Energy price reduction

• Healthcare reform

• Government spending cuts

How might tariffs affect businesses in Texas?

• Have no impact

• Encourage more domestic production

• Decrease export opportunities

• Increase manufacturing costs

What is a potential consequence of sealing the border?

• Decreased workforce growth

• Improved international relations

• No change in workforce

• Increased workforce growth

What is the current status of the debt to GDP ratio?

• Exactly 100%

• Exactly 70%

• Over 100%

• Below 70%

What has been a key factor in Texas's economic growth over the past 15 years?

• Higher taxes

• Increased migration of people and firms

• Decreased immigration

• Reduced business opportunities