Fed's Lockhart on the Reasons for Uncertainty

The video discusses various sources of uncertainty affecting business leaders, including elections, regulations, and global events like Brexit. It highlights the impact of these uncertainties on economic momentum and Fed policy. The potential effects of Brexit on the US and global economies are explored, emphasizing the importance of predictability for businesses.

What are some of the uncertainties business leaders are concerned about?

• Obamacare exclusively

• None of the above

• Regulation and global events

• Only the presidential election

Which of the following is NOT mentioned as a source of uncertainty in the second section?

• Weather patterns

• Momentum of the economy

• Regulation

• Future taxation

How do business leaders generally deal with uncertainty?

• By focusing only on short-term gains

• By making random decisions

• By seeking as much predictability as possible

• By ignoring it

What is a potential consequence of a 'leave' vote in the Brexit referendum?

• Increased US export competitiveness

• No impact on the US economy

• Spillover effects on the US economy

• Immediate economic stability in the UK

Why is Europe considered an important market for the US?

• It is the smallest export market

• It has no impact on US inflation

• It is the biggest export market after Mexico and Canada

• It only affects US employment