DeQuadros Says the Phillips Curve Still Works

The video discusses the policies of central banks, focusing on inflation expectations and the Phillips Curve's relevance. It highlights the challenges of forward guidance as a policy tool, with examples from leaders like Mark Carney and Mario Draghi. The discussion also covers the difficulty of achieving a unified policy message within central banks, given differing views among policymakers.

What is the expected inflation target for the ECB according to the transcript?

• 4% to 3.5%

• 1.5% to 1.25%

• 2% to 1.75%

• 3% to 2.5%

What economic concept is associated with AW Phillips?

• The Kuznets Curve

• The Phillips Curve

• The Laffer Curve

• The Lorenz Curve

What nickname did Mark Carney earn due to his handling of forward guidance?

• The Cautious Governor

• The Reliable Banker

• The Unpredictable Leader

• The Unreliable Boyfriend

What is a significant challenge for central banks when using forward guidance?

• Predicting future inflation rates

• Managing currency exchange rates

• Maintaining a unified message

• Setting interest rates

How many people are mentioned as part of the panel discussing central bank policies?

• 10

• 15

• 19

• 25