Fed's Lockhart: Jobs Report, Brexit Justify Patience

Fed's Lockhart: Jobs Report, Brexit Justify Patience

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The speaker discusses the impact of the recent jobs report and Brexit on economic patience, emphasizing a personal view of maintaining a moderate growth outlook. The potential for a Fed rate increase is considered, but patience is advised until after the Brexit vote and further data analysis. The jobs report is interpreted in three ways: potential economic slowdown, natural job generation slowing, or data variability. The speaker remains confident in a 2% growth trajectory.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What factors does the speaker mention as reasons for exercising patience in economic decisions?

The jobs report and inflation rates

The jobs report and Brexit considerations

Inflation rates and stock market trends

Brexit considerations and stock market trends

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the speaker define 'patience' in the context of economic meetings?

Waiting for the Brexit vote and analyzing upcoming data

Observing the stock market trends

Waiting for inflation rates to stabilize

Monitoring global economic conditions

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the speaker's fundamental view of the economy's growth?

Declining growth at -1%

Stagnant growth at 0%

Moderate growth at around 2%

Rapid growth at 5%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which interpretation of the jobs report does the speaker believe is not the case?

A slowdown in the economy

Natural slowing of job generation

Data fluctuations

A new trend in economic decline

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the speaker suggest about the nature of economic data?

It is always linear

It is subject to fluctuations

It is consistently accurate

It is predictable