Economist French Sees 'Mixed Picture' for U.S. Inflation on Trade, Oil

The video discusses factors affecting US inflation, focusing on tariffs and oil prices. Tariffs on Mexican and Chinese imports are inflationary, while oil prices have weakened due to supply and demand dynamics. The Federal Reserve's stance is influenced by these factors, with a potential shift towards stimulative measures if inflation undershoots.

What is one factor that could influence US inflation according to the video?

• Rise in technology exports

• Decrease in consumer spending

• Increase in domestic production

• Changes in Mexican import tariffs

How might the Iranian nuclear deal affect oil prices?

• It could stabilize oil prices

• It could lead to an increase in oil prices

• It could have no impact on oil prices

• It could cause a decrease in oil prices

What is the effect of weakened oil prices on inflation?

• It has no effect on inflation

• It pulls inflation back

• It causes inflation to stabilize

• It pushes inflation higher

What was the Federal Reserve's likely action six weeks ago regarding inflation?

• To increase interest rates

• To decrease interest rates

• To maintain current interest rates

• To eliminate interest rates

What might the Federal Reserve need to do if inflation undershoots?

• Increase tariffs

• Be stimulative

• Reduce government spending

• Implement restrictive policies