The Underlying Pressures Building Up For the Fed

What is the Federal Reserve's target for core PCE inflation?

• 1.5%

• 3%

• 2%

• 2.5%

What has been the recent trend in market expectations for interest rate hikes?

• Increasing

• Decreasing

• Stable

• Unpredictable

What is causing the disconnect between the Fed's statements and market expectations?

• Predictability of the Fed

• Volatility in financial markets

• Stable economic data

• Consistent inflation rates

What recent economic data suggests the U.S. economy is performing better than expected?

• Decreased retail sales

• Increased industrial production

• Lower personal income

• Reduced durable goods orders

How have durable goods orders performed recently?

• Declined significantly

• Remained unchanged

• Rebounded nicely

• Dropped slightly