Economy: What to Watch for This Week

The transcript discusses Janet Yellen's speech on economic indicators, focusing on GDP and corporate profits. It highlights the decline in corporate profits and its potential impact on investment and hiring. The Federal Reserve's policy considerations are examined, with insights from interviews with policymakers like Jim Bullard. The discussion also covers the Fed's tools to manage the economy and the future economic outlook.

What was the main highlight of the recent GDP report?

• Growth in the housing market

• Increase in consumer spending

• Decline in corporate profits

• Rise in government expenditure

What is the current working run rate for the American economy?

• Below 3%

• Exactly 3%

• Around 4%

• Above 3%

Why do some policymakers want to keep April as a potential meeting date?

• To ensure all meetings are considered live

• To finalize the annual budget

• To introduce new fiscal policies

• To announce a new economic stimulus package

What is one of the challenges the Fed faces in implementing further stimulus?

• Lack of available funds

• High hurdle for additional quantitative easing

• Opposition from international markets

• Insufficient economic data

What is the Fed's strategy regarding economic momentum?

• To slow down the economy immediately

• To let the economy run hot and build momentum

• To maintain a constant growth rate

• To focus solely on reducing inflation