Fed Should Be Pausing Rate Hikes, JPMorgan's Kelly Says

Fed Should Be Pausing Rate Hikes, JPMorgan's Kelly Says

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The transcript discusses the ongoing process of inflation reduction, highlighting historical trends and current statistics. It predicts a decrease in inflation rates to 2% by the end of next year. The report shows a decline in food and energy prices, which may lead to lower core prices. The Federal Reserve's potential actions regarding rate hikes are debated, with a close call on whether they will pause or continue. The futures market's predictions and the committee's split opinions are also covered.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the year-over-year inflation rate last June, and what is it predicted to be by the end of next year?

5% last June, predicted to be 2% by next year

8.9% last June, predicted to be 5% by next year

5% last June, predicted to be 3% by next year

8.9% last June, predicted to be 2% by next year

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which components of the CBI inflation rate have decreased, potentially leading to lower core prices?

Housing and transportation

Technology and communication

Healthcare and education

Food and energy

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current stance of the futures market regarding the Federal Reserve's rate hike in May?

50% probability of a rate hike

No probability of a rate hike

100% probability of a rate hike

65-70% probability of a rate hike

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What might cause the Federal Reserve to pause rate hikes according to the discussion?

Stable inflation rates

Increased consumer spending

Any negative economic sign

Positive economic growth

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the committee's stance on the decision to pause rate hikes?

Unanimously against pausing

Unanimously in favor of pausing

Somewhat split on the decision

Indifferent to the decision