Tan: Fed To Stay On Aggressive Path With 75 bps Hike

The transcript discusses the current economic climate, focusing on inflation trends and the Federal Reserve's interest rate policies. It highlights the impact of tight monetary policy on markets, particularly in terms of liquidity and asset valuations. The discussion also covers the actions of global central banks and their implications for the global economy. The potential for a recession is considered, with an emphasis on the Fed's strategy to combat inflation and the risks associated with persistent inflation.

What is the Federal Reserve's new benchmark for rate hikes as of June and July?

• 25 basis points

• 50 basis points

• 100 basis points

• 75 basis points

How does tight monetary policy affect market liquidity?

• Increases liquidity

• Has no effect on liquidity

• Only affects liquidity in emerging markets

• Decreases liquidity

Which markets are expected to underperform due to a strong dollar?

• European markets

• Emerging markets

• Asian markets

• Developed markets

What is Danny Blanchflower's criticism of the Fed's current approach?

• They are ignoring inflation

• They are guilty of groupthink

• They are too lenient with rate hikes

• They are too focused on employment

What historical figure's actions are compared to the current Fed's approach?

• Paul Volcker

• Janet Yellen

• Alan Greenspan

• Ben Bernanke

What is the expected outcome of the Fed's inflation-fighting measures?

• A deep recession

• A shallow recession

• No recession

• An economic boom

What is considered the 'straw that breaks the camel's back' in the current economic scenario?

• High consumer spending

• Stable commodity prices

• A strong labor market

• A very deep recession