What concerns did Chicago Fed President Charles Evans express regarding the Fed's upcoming decision?
Markets Await Big Announcements
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Business, Social Studies
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University
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Hard
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The video discusses the Federal Reserve's anticipated rate hikes, highlighting a gradual policy tightening approach. It examines the narrowing yield spread between US 2-year and 10-year securities, indicating a cautious economic outlook. The Australian dollar's rise is attributed to strong GDP data, though domestic demand shows weakness. The video also covers OPEC's influence on oil prices, noting a significant price drop due to maintained output levels, with some members advocating for supply cuts.
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How has domestic demand changed according to the GDP data mentioned?
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