Is the Fed Going to Cut Rates in 2020?

The transcript discusses the Federal Reserve's anticipated rate hike in 2021 and the market's pricing of rate cuts due to the coronavirus. It highlights the economic stimulus from tax cuts and reduced regulation, arguing against inflation concerns and the Phillips Curve's relevance. The discussion includes a debate on economic indicators, the inverted yield curve, and recession fears, concluding with optimism due to a strong housing market.

What is the Federal Reserve's anticipated terminal rate for 2021?

• 4.5 percent

• 1.5 percent

• 2.5 percent

• 3.5 percent

What major policy change has been instituted to stimulate the economy?

• Increase in regulation costs

• Reduction in consumer spending

• Major tax cut

• Increase in interest rates

What is the stance on the Phillips Curve according to the transcript?

• It is still relevant

• It is outdated

• It is irrelevant

• It is dead

What is the significance of an inverted yield curve according to the transcript?

• It is not a recession indicator

• It is a definite recession indicator

• It shows economic growth

• It indicates high inflation

What economic condition is mentioned as never having occurred during a housing market boom?

• Inflation

• Recession

• Deflation

• Stagflation