Fed's Goolsbee on Inflation, Wages, Possible Auto Strike

Fed's Goolsbee on Inflation, Wages, Possible Auto Strike

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses economic perspectives, focusing on inflation, growth, and central bank strategies. It highlights the challenges of managing inflation without causing a recession, the role of supply chain issues, and the impact of wages on inflation. The housing market's response to interest rate changes is examined, along with future economic predictions and strategies for maintaining stability.

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4 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker indicate about the future of interest rates and their impact on the economy?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the speaker's view on the possibility of achieving low inflation without a recession?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker say about the historical context of achieving low inflation?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker suggest the Federal Reserve should approach changes in the balance sheet?

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