Fed Has Given Economy a Cushion and Should Cut Mid-Year, Economist Swonk Says

Fed Has Given Economy a Cushion and Should Cut Mid-Year, Economist Swonk Says

Assessment

Interactive Video

Business, Life Skills

University

Hard

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The video discusses the Federal Reserve's approach to inflation and its policy framework, highlighting the challenges posed by missed targets and the impact of global events like the coronavirus. It also examines the labor market, focusing on participation rates and the factors affecting them, such as globalization and the opioid crisis. The Fed's efforts to sustain economic expansion and the need for further rate cuts are also explored.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main challenges the Federal Reserve faces regarding inflation?

Managing unemployment rates

Increasing commodity prices

Reducing interest rates

Achieving their inflation targets

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did central banks globally respond to economic challenges in 2019?

By increasing interest rates

By cutting rates collectively over 70 times

By implementing new tax policies

By reducing inflation targets

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which demographic has shown significant movement in labor force participation in recent years?

Women

Young adults

Teenagers

Senior citizens

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are some factors that have suppressed labor market participation?

Improved healthcare access

Technological innovation and globalization

Increased educational opportunities

Higher minimum wages

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What strategy does the Fed consider to sustain economic expansion?

Reducing government spending

Raising interest rates

Cutting rates mid-year

Increasing taxes