Ira Jersey: Dovish Fed Hike, Then a Long Run to 2.5%

The video discusses the Federal Reserve's interest rate decisions, predicting a dovish hike and a realistic long-term rate of 2.5%. It examines global growth trends, highlighting a slowdown in G7 countries and Japan's low potential growth. The discussion covers economic risks, including trade wars and fiscal policies, and their impact on growth projections for 2018-2019. The video also explores the effects of oil prices on the global economy, particularly in emerging markets, considering both short-term and long-term scenarios.

What is the expected action of the Federal Reserve regarding interest rates?

• A 50 basis points hike

• A 25 basis points hike

• No change in interest rates

• A reduction in interest rates

What is the potential risk to the global economy if trade wars occur?

• Increased global growth

• Slowed global growth

• Stabilized interest rates

• Higher inflation rates

What is a potential outcome if fiscal spending and tax cuts are implemented?

• Propelled economic growth

• Decreased interest rates

• Reduced consumer spending

• Increased unemployment

What is the Nigerian Oil Minister's target price for oil per barrel?

• $70

• $80

• $60

• $50

How might reaching $60 per barrel of oil quickly affect the economy?

• Reduce inflation

• Boost short-term growth

• Hamper near-term growth

• Stabilize the economy