Yellen: Brexit Could Have Severe Economic Repercussions

The video discusses various economic risks and prospects, focusing on domestic demand, US productivity, and global vulnerabilities. It highlights concerns about China's economic transition and the potential impact of the UK's EU referendum on investor sentiment. The committee is monitoring these developments closely to assess their implications for economic activity, labor markets, and inflation.

What is one downside risk to domestic demand mentioned in the video?

• Strong labor market

• Weak pace of investment

• High productivity growth

• Increased consumer spending

What challenge is China facing as it rebalances its economy?

• Lowering commodity prices

• Reducing domestic demand

• Increasing export-led growth

• Shifting towards domestic consumption

What could cause a sudden change in investor risk appetite?

• Decreasing monetary policy

• Stable global growth

• High inflation

• Upcoming UK referendum

What is the committee closely monitoring?

• Domestic inflation only

• Local economic activities

• Labor market trends in Europe

• Global economic and financial developments

What could be a significant economic repercussion of the UK referendum?

• Strengthening of the EU

• UK remaining in the EU

• Increased global commodity prices

• UK exiting the EU