Daybreak Europe Show Open: Fed Minutes Signal Possible Taper Talk

The video discusses the bond market's reaction to the minutes, which were not as uneventful as expected. It highlights the impact of the April jobs report and the subsequent revision of the March report. The discussion also covers the debate among Fed officials about tapering and the Fed's strategy to run the economy hot. The video concludes with insights from JP Morgan's chief economist on the timing of tapering discussions.

What was the initial perception of the minutes discussed in the video?

• An economic breakthrough

• A market shocker

• A snooze fest

• A groundbreaking revelation

What factor influenced the bond market's reaction according to the video?

• Clara's comments on tapering

• A new economic policy

• A sudden market crash

• An unexpected interest rate hike

How did the April jobs report affect the Fed's discussions?

• It resulted in a policy reversal

• It was ignored completely

• It was considered anomalistic

• It led to immediate tapering

What is the Fed's strategy mentioned in the video?

• To increase interest rates immediately

• To maintain the status quo

• To run the economy hot

• To cool down the economy

What did JP Morgan's Chief US economist summarize about the tapering discussion?

• It was irrelevant

• It was surprising

• It was expected

• It was postponed indefinitely