Economist Swonk Predicts Two More Rate Hikes in 2018

The video discusses the acceleration of average hourly earnings and the potential for increased wage growth, despite inflation concerns. It highlights the expectation of upcoming rate hikes by the Federal Reserve and the impact of tariffs on the economy. The discussion also covers potential risks to the US economy, including M&A activity, junk bonds, and the possibility of the Fed overshooting on rates.

What was the expected impact of the hurricanes on the economic data for October?

• A decrease in employment rates

• A decrease in wage growth

• No impact on the data

• A significant increase in economic data

What is the main concern regarding the improvement in compensation packages?

• They are not improving at all

• They are improving faster than inflation

• They are only improving for temporary jobs

• They are not improving faster than inflation

What is a potential challenge for the Federal Reserve when dealing with tariffs?

• Tariffs cause stagflation

• Tariffs increase wage gains

• Tariffs boost economic growth

• Tariffs decrease inflation

What is a significant risk to the US economy mentioned in the transcript?

• Aging population

• Economic imbalances

• High employment rates

• Low interest rates

How does the Federal Reserve typically react to economic data?

• By reacting to backward-looking data

• By ignoring economic data

• By predicting future trends

• By reacting to forward-looking data