Powell Says Recovery Could Stretch Through 2021

The video discusses the Federal Reserve's concerns about asset prices and the need for continued stimulus to support economic recovery. Despite warnings from financial leaders, markets remain optimistic due to reopening efforts. Japan's GDP report highlights the country's slow response to lockdowns and the need for further stimulus to avoid deflation and stagnation.

What is the Federal Reserve's main concern regarding the economic recovery?

• The rise of cryptocurrency

• The impact of technology on jobs

• The potential for a double-dip recession

• The speed of reopening businesses

Why are investors currently optimistic despite warnings from financial experts?

• Because of a rise in cryptocurrency values

• Due to a decrease in global tensions

• Because of new technological advancements

• Due to the reopening of economies

What percentage of California's economy is reported to be reopening?

• 50%

• 60%

• 75%

• 90%

What was a significant factor in Japan's smaller than expected GDP drop?

• Early adoption of lockdown measures

• Technological advancements

• Slow adoption of lockdown measures

• Increased exports

What is Japan's government planning to avoid a return to deflation and stagnation?

• Increasing taxes

• A second supplementary budget

• Reducing public spending

• Encouraging more imports