Bill Gross: Jobs Report Enough Shock to Delay Rate Hike

The video features a discussion with Doctor Glassman from JP Morgan about the impact of economic reports on Federal Reserve actions. It highlights the potential delay of interest rate hikes due to low economic numbers and the influence of factors like Brexit. The conversation also covers the importance of unemployment and participation rates over nonfarm numbers, concluding with a cautious outlook on future economic conditions.

What is the main reason discussed for potentially delaying the Fed's interest rate hikes?

• An increase in inflation

• A new fiscal policy

• A surprising economic report

• A change in the stock market

What is one of the Federal Reserve's goals mentioned in the discussion?

• To increase the unemployment rate

• To reduce the national debt

• To decrease the participation rate

• To normalize the yield curve

Which external factor is mentioned as influencing the timing of the Fed's actions?

• The Asian market

• Brexit

• The Middle East conflict

• The European Union

What specific economic indicator does the Fed care more about according to the discussion?

• The GDP growth rate

• The unemployment rate

• The inflation rate

• The nonfarm payroll number

What factor is mentioned as causing distortion in the economic report?

• A change in tax policy

• The Verizon distortion

• A new trade agreement

• A natural disaster