Will Yellen Address Fed Rate Hike in Speech?

The transcript discusses the Fed chair's upcoming speech and its potential impact on market expectations for a December rate hike. It highlights the importance of economic indicators like retail sales and PPI in assessing consumer spending and GDP growth. The discussion also covers the ECB's upcoming meeting and expectations around tapering and the QE program.

What is the main focus of the Fed's December meeting as discussed in the video?

• Discussing labor market reforms

• Addressing inflation concerns

• Reinforcing market expectations for a rate hike

• Introducing new monetary policies

How did the retail sales data perform according to the video?

• It showed a significant decline

• It was below consensus expectations

• It was revised slightly better but still down

• It exceeded expectations significantly

What is the expected impact of the December rate hike on the economy?

• It will likely cause a recession

• It is expected to be manageable

• It will lead to a significant economic boom

• It will have no impact

What is the main topic expected to dominate the ECB meeting?

• Introduction of new fiscal policies

• Tapering of the QE program

• Interest rate cuts

• Currency exchange rates

When is the ECB expected to extend the QE program according to the video?

• In February

• In November

• In January

• In December