The Fed Should Wait a Bit More Before Hiking Again, Citigroup's Mann Says

The transcript discusses the global economic outlook, highlighting a reduction in growth forecasts for 2018, 2019, and 2020. It contrasts this with the more robust US economy, which faces potential challenges in 2020 due to legislative factors. The Federal Reserve's policy challenges are explored, focusing on balancing credit spreads, interest rates, and inflation. The impact of trade and tariffs is also examined, with concerns about firms raising prices due to tariffs and the potential for inflationary pressures.

What was the trend in global growth forecasts for 2018, 2019, and 2020?

• Growth forecasts were not mentioned

• An increase in growth forecasts

• A decrease in growth forecasts

• No change in growth forecasts

What is one of the main challenges the Federal Reserve faces according to the discussion?

• Balancing full employment with financial market stability

• Reducing employment rates

• Decreasing inflation rates

• Increasing unemployment rates

What is a suggested method to increase credit spreads?

• Increasing government spending

• Decreasing inflation expectations

• Raising the policy rate

• Lowering the policy rate

How might tariffs impact firms' pricing strategies?

• Tariffs will decrease firms' ability to raise prices

• Tariffs will have no impact on pricing strategies

• Tariffs might provide cover for firms to raise prices

• Tariffs will lead to a decrease in demand

What is a potential consequence of firms testing the waters with price increases?

• No change in the market

• An increase in inflationary pressures

• A decrease in inflation

• A stabilization of prices