Fed Has Room for One More Rate Cut, Says Oxford Economics’s Fenner

The video discusses the ISM Manufacturing Index, which has weakened, indicating a cautious US economic outlook. Despite the US-China trade deal, tariffs remain, affecting manufacturing. The Federal Reserve's stance on rate cuts is debated, with some officials seeing no need for further cuts, while others anticipate a softer consumer market.

What was the unexpected outcome of the ISM Manufacturing Index?

• It showed significant growth.

• It was weaker than expected.

• It was stronger than expected.

• It remained stable.

How have tariffs affected the manufacturing sector according to the discussion?

• They have been completely removed.

• They have had no impact.

• They have limited improvements in the sector.

• They have boosted manufacturing significantly.

Which region is seeing more noticeable improvements in manufacturing?

• Asia

• South America

• Europe

• Africa

What is the Federal Reserve's current stance on interest rate cuts?

• They have no plans for further cuts.

• They plan to increase rates.

• They are planning multiple cuts.

• They are undecided.

What is the expected trend for the consumer sector according to the discussion?

• It will remain stable.

• It will strengthen significantly.

• It will soften more.

• It will experience rapid growth.