BOE, Fed Will Miss Their Inflation Targets: Greene

The video discusses the disinflationary forces affecting the global economy, particularly from trade partners like Europe, and the challenges faced by major banks, including the Bank of England, in meeting inflation targets. It highlights the lack of global demand and oversupply issues. The potential impact of trade agreements, such as the Transatlantic Trade Investment Partnership and TPP, on economic recovery is also explored. Despite the economic gloom, the video seeks to find optimism for the future.

What are the disinflationary forces mentioned in the first section?

• Rising commodity prices

• Increased global demand

• Disinflationary pressures from trade partners

• High inflation rates

Which central banks are mentioned as having missed their inflation targets?

• Federal Reserve, ECB, Bank of China, Bank of England

• Bank of Japan, ECB, Reserve Bank of India, Federal Reserve

• Bank of Canada, ECB, Bank of Japan, Reserve Bank of Australia

• Bank of England, Federal Reserve, ECB, Bank of Japan

What is the main reason for the lack of inflationary pressures globally?

• Rising interest rates

• Increased government spending

• Oversupply and lack of demand

• High consumer spending

What is the Transatlantic Trade Investment Partnership expected to do?

• Increase inflation rates

• Reduce global trade barriers

• Solve global economic issues

• Boost the US economy only

Which trade agreement is a bigger priority for the US according to the final section?

• NAFTA

• CPTPP

• TTIP

• TPP