Fed’s Kaplan Says He’s Open-Minded About a June Hike

The video discusses the puzzling weakening of economic data, particularly in Q1, despite high job creation. It highlights the importance of retail sales in influencing market trends and hedge fund positions. The Fed's focus is on global risks rather than domestic data, with potential implications for a June rate hike. Brexit and its potential impact are also considered. Additionally, Treasury Secretary Jack Lew's call for the IMF to play a more aggressive role in exchange rate policies is examined.

What potential impact does Brexit have according to the discussion?

What role does the speaker believe the IMF should play regarding exchange rate fluctuations?