Wells Fargo’s Schumacher Sees One More Fed Hike in 2019

The transcript discusses Federal Reserve Chairman Powell's positive outlook on the US economy, highlighting a strong labor market and low unemployment. It debates potential interest rate hikes in 2019, considering the Fed's neutral policy stance and inflation trends. The conversation also touches on market volatility, noting minimal changes in interest rates and the impact of central bank messages, including the ECB's negative outlook.

What was Powell's view on the US economic outlook?

• Positive

• Neutral

• Uncertain

• Negative

What was the unemployment rate mentioned in the discussion?

• Below 4%

• Around 4%

• Above 5%

• Exactly 4%

What does the Federal Reserve consider as a neutral policy?

• Fed funds rate at 275

• Fed funds rate at 240

• Inflation below 2%

• No change in interest rates

What was the Fed's target inflation rate?

• 4%

• 2%

• 3%

• 1%

How much did the 10-year Treasury rate change in 2019?

• Decreased significantly

• Fluctuated wildly

• Remained stable

• Increased significantly