Peter Fisher Says Fed in Holding Pattern, Not Done With Stimulus

Peter Fisher Says Fed in Holding Pattern, Not Done With Stimulus

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The discussion revolves around whether the Federal Reserve (Fed) has completed its actions in response to economic challenges. The speaker believes the Fed is not done and highlights the Fed's ability to print money without much constraint. The Fed has shifted focus to fiscal authorities, urging Congress to take action on fiscal stimulus. The Fed is currently in a holding pattern, assessing the trend rate of growth, which is expected to be lower and slower, as warned by the IMF.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What warnings have been issued regarding the trend rate of growth according to the speaker?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker imply about the future path of economic growth?

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