LGT's Kumada Says He's Amongst Happy Crowd on Fed Pick

LGT's Kumada Says He's Amongst Happy Crowd on Fed Pick

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the potential leadership of Jerome Powell as the head of the Federal Reserve, comparing him to Janet Yellen. It highlights the market's preference for continuity and the expectations for interest rate changes in December and March. Powell's pragmatic approach to economic policy, especially regarding the Phillips curve and inflation expectations, is emphasized.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the general sentiment towards Jerome Powell leading the Federal Reserve?

Optimism and continuity

Skepticism and doubt

Disappointment and concern

Indifference and neutrality

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the speaker view Janet Yellen's performance as the head of the Federal Reserve?

She was too aggressive with policies

She struggled and was ineffective

She was indecisive and inconsistent

She did a commendable job

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the market's expectation for the Federal Reserve's action in December?

An increase in interest rates

A complete overhaul of policies

A decrease in interest rates

No change in policy

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key factor that will influence Powell's decisions in his first policy meeting?

Public opinion

International trends

Economic data

Political pressure

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Powell view the Phillips curve in relation to economic policy?

As a definitive guide

As an outdated concept

As a flexible theory

As irrelevant to current policies