Fed's Kashkari Says U.S. Economy Still Has Capacity

The video discusses the current state of the US economy, highlighting strong job creation and low inflation. It suggests that the economy still has capacity for growth, which could lead to higher wages and inflation. The discussion also covers the impact of trade tensions with Mexico and China, emphasizing the need to distinguish between short-term noise and long-term economic signals. Overall, the fundamentals of the US economy remain strong despite potential trade challenges.

What is the current state of wage growth in the US economy according to the video?

• Wage growth is stagnant.

• Wage growth is decreasing.

• Wage growth is rapidly increasing.

• Wage growth is slowly increasing.

What is the main concern regarding the trade tensions with Mexico and China?

• They have improved the US economy.

• They have already caused a recession.

• They could potentially harm the US economy.

• They have no impact on the US economy.

How does the video suggest we interpret short-term economic data?

• As irrelevant to economic policy.

• As definitive indicators of long-term trends.

• As noise that should be ignored.

• As signals that need careful analysis.

What is the potential impact of tariffs with Mexico according to the video?

• They could boost the US economy.

• They could be very damaging to the US economy.

• They will only affect Mexico.

• They have no effect on the US economy.

What is the overall message about the US economy despite trade tensions?

• The economy is unpredictable.

• The fundamentals are weak.

• The fundamentals remain strong.

• The economy is in decline.