What concerns does Jay Powell express regarding private investment and international trade?
Fed Might Be in 'Rate Cutting Business,' Professor Goolsbee Says
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Business, Social Studies
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University
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Hard
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The video discusses Jay Powell's perspective on the economy, highlighting the Fed's 2% inflation target. It contrasts the strong consumer sector with weaker manufacturing and trade, raising concerns about global impacts, particularly from China. Potential threats like a China slowdown, trade wars, and coronavirus are examined. The Fed's strategy on rate adjustments in 2020 is also discussed, with a focus on potential rate cuts.
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OPEN ENDED QUESTION
3 mins • 1 pt
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What does Jay Powell suggest about the potential for rate changes in 2020?
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