What Will It Take for the Fed to Hike Rates in September?

The video discusses the potential for a September rate hike by the Federal Reserve, emphasizing the importance of the jobs report. Loretta Mester's views on job creation and its impact on rate decisions are explored. The video also examines manufacturing data, economic concerns, and the readiness of the US economy for potential rate hikes, considering factors like inflation and unemployment.

What is the main factor that could confirm a September rate hike by the Federal Reserve?

• A strong jobs report

• High inflation rates

• Low consumer spending

• A weak jobs report

According to Loretta Mester, what level of job creation is needed to stabilize the unemployment rate?

• 200,000 jobs per month

• 75,000 jobs per month

• 250,000 jobs per month

• 190,000 jobs per month

What percentage of the US GDP is represented by manufacturing?

• 15%

• 20%

• 12%

• 9%

Which economic area is mentioned as a concern due to its declining trend?

• Consumer spending

• Manufacturing

• Export growth

• Capital spending

What is the current state of the unemployment rate according to the discussion?

• Moderate and fluctuating

• Unpredictable

• Low and stable

• High and rising