Trump Suggests Fed Could Help His Trade Fight

Trump Suggests Fed Could Help His Trade Fight

Assessment

Interactive Video

Business, Social Studies

University

Hard

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President Trump expresses optimism about the US economy and trade negotiations with China, while urging the Federal Reserve to cut interest rates and increase bond purchases. He links these actions to the trade conflict with China, suggesting that similar moves by China's central bank would boost its economy. Despite a strong US economy, Trump insists on more stimulus. If the Fed follows his lead, it could affect international relations, as the US has criticized other countries for influencing central banks for political purposes. Such actions might lead to accusations of currency manipulation, complicating trade and diplomatic efforts.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns does the US have regarding other countries influencing their central banks?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways could the Federal Reserve's actions lead to accusations of currency manipulation?

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