Lewenza: Bank of Canada Hike a Year Away

The video discusses the economic outlook, focusing on oil prices and infrastructure spending. It predicts that the Federal Reserve will hike interest rates one or two times over the next year, with the first hike expected in the latter half of 2017. The discussion also covers the impact of infrastructure spending on economic growth and the conditions under which oil prices might lead to economic changes. The current benchmark rate is at 0.5, with a potential hike expected in a year.

What is the expected price of oil according to the economic outlook?

• $44.00

• $27.00

• $45.00

• $60.00

How many times is the Federal Reserve expected to hike interest rates over the next year?

• One or two times

• Four times

• None

• Three times

When is the back half of 2017 expected to see a hike?

• In the middle of 2017

• Back half of 2017

• At the start of 2017

• Not until 2018

What is the current benchmark rate mentioned in the video?

• 0.25

• 0.5

• 1.0

• 1.5

Under what condition would oil prices need to drop to $27.00?

• If oil prices are currently at $44.00-$45.00

• If the Federal Reserve cuts rates

• If the economy improves

• If infrastructure spending decreases