Daybreak Europe Show Open: Economic optimism at all time low

The transcript discusses central bank policies, focusing on the Fed's approach to rate hikes and the language used in their communications. It highlights the Fed's intent to move expeditiously towards a neutral range, with differing views from officials like Bullard. The market's reaction to CPI data and the potential risks of multiple rate hikes are analyzed. The impact of inflation on small business sentiment is also covered, emphasizing the need for the Fed to act to control the economic picture.

What was the significant monetary policy action taken by the RBNZ?

• A 25 basis point hike

• A 50 basis point hike

• A 100 basis point hike

• A 75 basis point hike

Which central bank figure is associated with the idea of moving rapidly to a neutral range?

• Janet Yellen

• Christine Lagarde

• Tom Barkin

• Jerome Powell

What is Bullard's view on the current monetary policy?

• He wants to reduce the pace

• He supports the current pace

• He thinks it is too slow

• He believes it is too aggressive

How did the market react to the recent core CPI data?

• The yields increased significantly

• The yields decreased slightly

• The yields remained unchanged

• The yields decreased significantly

What is the current sentiment among small businesses according to the NFIB survey?

• Moderately optimistic

• Highly negative

• Highly optimistic

• Neutral