Fed Shouldn't Have Raised Rates as Much as It Did, Dartmouth's Blanchflower Says

The video discusses the economic policies of the US and Europe, focusing on interest rates and the actions of the European Central Bank and the Federal Reserve. It critiques the Fed's past rate hikes and highlights the global economic slowdown, exacerbated by Brexit. The video calls for fiscal policy intervention, echoing sentiments from global economic leaders.

What was President Trump's main criticism of the European Central Bank's actions?

• They were not supporting the U.S. economy.

• They were increasing interest rates.

• They were depreciating the euro against the dollar.

• They were too slow in cutting rates.

According to the speaker, what was a mistake made by the Federal Reserve?

• Raising interest rates too much.

• Not supporting the trade war.

• Cutting rates too quickly.

• Ignoring the European Central Bank's actions.

What is one potential impact of a no-deal Brexit mentioned in the transcript?

• Decrease in UK GDP growth by 5 percentage points.

• Increase in UK GDP growth by 5 percentage points.

• Stabilization of the global economy.

• Strengthening of the euro.

What does the speaker suggest is a downside risk to the global economy?

• Brexit.

• The Federal Reserve's interest rate hikes.

• The strong U.S. dollar.

• The European Central Bank's rate cuts.

What is the main concern expressed by Draghi and the governor of the Bank of Australia?

• The need for more monetary policy changes.

• The strength of the U.S. dollar.

• The absence of fiscal policy intervention.

• The impact of Brexit on Europe.