We'll See First Fed Rate Hike in June: KPMG's Hunter

We'll See First Fed Rate Hike in June: KPMG's Hunter

Assessment

Interactive Video

Business, Life Skills

University

Hard

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The video discusses the decline in capital investment in the US, highlighting a slowdown in rig count and auto purchases. It notes a positive trend in new firm formation, which could boost job growth and innovation. The Federal Reserve is taking a cautious approach to rate hikes, being data-dependent due to mixed economic signals. The GDP data, subject to revisions, supports the Fed's decision to hold rates steady, with potential future hikes anticipated.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the potential implications of the GDP numbers on the Fed's decisions.

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the wildcards mentioned in relation to GDP numbers?

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