Fed’s Kaplan Says He’s Open-Minded About a June Hike

The video discusses the puzzling weakening of economic data, particularly in Q1, despite high job creation. It highlights the importance of retail sales in influencing market trends and hedge fund positions. The Fed's focus is on global risks rather than domestic data, with potential implications for a June rate hike. Brexit and its potential impact are also considered. Additionally, Treasury Secretary Jack Lew's call for the IMF to play a more aggressive role in exchange rate policies is examined.

What is the main economic puzzle discussed in the first section?

• High job creation with low growth

• Low job creation with high growth

• Stable job creation and growth

• Declining job creation and growth

Why are retail sales significant in the second section?

• They are the strongest element of the quarter

• They could lead to better consumption growth in Q2

• They are irrelevant to hedge fund positions

• They have no impact on market trends

What is notable about hedge fund positions according to the second section?

• They are at their lowest in two years

• They have remained unchanged

• They have increased significantly

• They are at their highest in two years

What international factor is mentioned as a potential reason for economic delay?

• The Paris Agreement

• The US elections

• Brexit

• The Olympics

What role does Jack Lew want the IMF to play according to the third section?

• An aggressive role in policing exchange rate fluctuations

• A supportive role in exchange rate fluctuations

• A passive role in exchange rate fluctuations

• No role in exchange rate fluctuations