Whats Your Advice for the Freshman Class of Congress?

The transcript covers discussions on economic indicators like CPI and PPI, emphasizing the Fed's inflation targets. It analyzes Target's financial struggles post-hack and the retail sector's holiday season challenges. Weather updates highlight the polar vortex, while Twitter users offer advice to the freshman class of Congress. The conversation concludes with general advice for freshmen, both in Congress and college.

What is the expected year-on-year increase in the Consumer Price Index (CPI) according to the survey?

• 1.2%

• 1.6%

• 2.5%

• 2.0%

What is the Federal Reserve's target inflation rate?

• 2.5%

• 2%

• 1.5%

• 1%

What major event negatively impacted Target's financial performance?

• A product recall

• A supply chain disruption

• A leadership change

• A major hack

Which type of retail is suggested to be more successful during the holiday season?

• Traditional retail

• Online shopping

• Pop-up stores

• Wholesale clubs

What advice is given to the freshman class of Congress?

• Focus on party lines

• Avoid public speaking

• Act on behalf of all Americans

• Prioritize personal interests