Fed Will Hold After September Until 1Q, Says UBS' Zuercher

The video discusses the economic baseline of 200 billion, expected GDP growth, and the impact of tariffs on inflation and trade. It highlights the Federal Reserve's potential response to these economic changes, including holding interest rates. The discussion also covers currency strategies involving the Japanese yen and Taiwan dollar, and explores extreme trade scenarios that could affect global growth, particularly focusing on US-China trade relations.

What is the expected GDP growth next year according to the transcript?

• 6.2%

• 4.8%

• 7.5%

• 5.0%

How did the US consumer feel the impact of tariffs on washing machines?

• No impact was felt

• After four or five months with a 20% increase

• A 5% increase over a year

• Immediately with a 10% increase

What is the Japanese yen considered in the context of trade?

• A safe haven currency

• A volatile currency

• A risky investment

• An overvalued currency

What is the potential impact on Chinese GDP in an extreme trade scenario?

• No impact

• A decrease of 1%

• A decrease of 2%

• An increase of 2%

What shift in trade discussion is mentioned in the transcript?

• From a Chinese trade discussion to a global trade discussion

• From a global trade discussion to a Chinese trade discussion

• From a European trade discussion to a US trade discussion

• From a US trade discussion to a European trade discussion