Yellen Says U.S. Is Re-examining China Trade Strategy

The video discusses global inflation, highlighting that it's not just a US issue. The Federal Reserve is committed to controlling inflation, with projections for US GDP growth over 3% this year. The labor market remains strong, with high job openings and low unemployment. The Federal Reserve aims for a soft landing while the administration explores measures like tariff removal and oil reserve releases to curb inflation.

What is the IMF's projected GDP growth for the United States this year?

• 2%

• 3%

• 5%

• 4%

What is one indicator of the strong US job market mentioned in the transcript?

• Rising interest rates

• Decreasing GDP

• High inflation rate

• Low unemployment rate

What is the Federal Reserve's main concern as discussed in the transcript?

• Boosting exports

• Reducing unemployment

• Controlling inflation

• Increasing GDP

Which action is mentioned as a potential way to reduce inflation immediately?

• Raising taxes

• Cutting government spending

• Removing Trump tariffs

• Increasing interest rates

What measure has the president announced to help control oil prices?

• Increasing oil imports

• Banning oil exports

• Releasing oil from the Strategic Petroleum Reserve

• Subsidizing oil companies