Federal Reserve's Bostic, Bullard See Higher Interest Rates

Federal Reserve's Bostic, Bullard See Higher Interest Rates

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The video discusses the Federal Reserve's approach to controlling inflation through rate hikes, with insights from Rafael Bostic and Jim Bullard. Bostic suggests more rate hikes are needed but hints at a possible pause, citing strong economic performance and subsiding bank tensions. Bullard dismisses recession fears, emphasizing labor market strength and low financial stress. Both suggest a final rate hike, with Bullard projecting a ceiling of 5.6%.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary goal of the Federal Reserve's rate hikes as discussed in the first section?

To decrease government debt

To increase employment

To control inflation

To boost the stock market

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Rafael Bostick view the current state of the economy?

He is uncertain about the economic outlook.

He thinks the economy is performing strongly.

He predicts an imminent economic collapse.

He believes the economy is weak and unstable.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Jim Bullard's stance on the possibility of a recession?

He believes a recession is inevitable.

He sees no signs of an upcoming recession.

He is unsure about the recession risk.

He thinks a recession will occur in six months.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to Jim Bullard, what indicates the stability of the financial system?

Increasing inflation rates

Rising interest rates

Stable financial stress index

High unemployment rates

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the anticipated ceiling for interest rates according to Jim Bullard?

5.0%

6.0%

4.5%

5.6%