Fed's Kaplan Says Inflation Will Slowly Reach 2 Percent

The video discusses the speaker's business career insights, focusing on GDP growth and economic indicators like unemployment and inflation. It highlights the importance of business confidence and investment trends, noting that while optimism is high, actual improvements are yet to be seen. The discussion also covers challenges such as sluggish population growth, globalization, and disruptive business models, which impact investment decisions and economic growth.

What is the predicted range for GDP growth this year according to the speaker?

• 3% to 3.5%

• 4% to 4.5%

• 2% to 2.25%

• 1% to 1.5%

Which employment measure does the speaker mention that is not included in the dot plot?

• U-3

• U-4

• U-5

• U-6

What percentage of the economy is driven by the consumer, according to the speaker?

• 50%

• 60%

• 65-70%

• 80%

What is the current state of business confidence as described by the speaker?

• Uncertain and fluctuating

• High and optimistic

• Low and declining

• Stable and unchanged

What are some of the headwinds affecting business investment decisions?

• High inflation rates

• Sluggish population growth and disruptive business models

• Rapid technological advancements

• Increased government regulations