JPMorgan's Frenkel Sees Two More Fed Rate Hikes in 2017

JPMorgan's Frenkel Sees Two More Fed Rate Hikes in 2017

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the Federal Reserve's plan to reduce its balance sheet by four and a half trillion dollars and the potential for raising interest rates at least twice in the current year. The speaker expresses confidence in the Fed's credibility and the appropriateness of interest rate hikes given improved economic conditions, such as labor market improvements and growth in price pressures. The discussion also touches on the need for a gradual approach to balance sheet changes and the economic outlook for 2018.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the Federal Reserve's goal regarding its balance sheet as mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the credibility of the Federal Reserve changed in recent years according to the speaker?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What conditions are mentioned as being in place for normalization of interest rates?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the speaker's opinion on the possibility of raising interest rates multiple times this year?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What approach does the speaker suggest for changing the balance sheet?

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