Prestige's Schenker Says U.S. Just Not Seeing Inflation

The video discusses the current state of the job market, highlighting solid job creation and low unemployment rates. It examines the Federal Reserve's challenges with low inflation and its implications for monetary policy. The discussion also covers the potential risks of unwinding the Fed's balance sheet, drawing parallels with the European Central Bank's past experiences.

What is the current trend in job creation according to the video?

• Rapid job creation

• No job creation

• Steady job creation

• Declining job creation

What is the Federal Reserve's target inflation rate?

• 2.5%

• 1%

• 1.5%

• 2%

What has not recovered since the Great Recession according to the video?

• Unemployment rate

• Labor force participation rate

• Interest rate

• Inflation rate

What is the Federal Reserve's approach to unwinding the balance sheet?

• Aggressive

• Immediate

• Cautious

• Indifferent

What was the result of the European Central Bank's previous balance sheet reduction?

• Increased inflation

• Stable growth

• Recession risk

• Economic boom