Economist Expects Fed to Change Quite Substantially

The video discusses anticipated changes in the Federal Reserve's composition, highlighting a shift from academic to business influences. It explores the potential impact on the US dollar, with expectations of a weaker dollar due to a more business-friendly environment. The President's conflicting views on interest rates and his influence on Fed appointments are examined. The video concludes with predictions on the Fed's future policies, emphasizing a systematic approach to normalization after Janet Yellen's departure.

What is the expected change in the Federal Reserve's composition?

• A shift towards more international members

• A shift towards more business professionals

• A shift towards more academics

• No change at all

How might a more business-friendly Federal Reserve affect the U.S. dollar?

• Lead to a new currency

• Have no effect on the dollar

• Weaken the dollar

• Strengthen the dollar

What has the administration expressed regarding the U.S. dollar?

• No preference at all

• Preference for a stable dollar

• Preference for a weaker dollar

• Preference for a stronger dollar

What is a notable characteristic of President Trump's comments on the Federal Reserve?

• They are consistent

• They are supportive

• They are dismissive

• They are conflicted

What approach is the Federal Reserve expected to take towards normalization?

• No change in approach

• A more relaxed approach

• A more aggressive approach

• A more systematic approach