El economista Ward McCarthy espera que la Fed cambie sustancialmente

The transcript discusses anticipated changes in the Federal Reserve's composition, highlighting a shift from academic to business-oriented members. It explores potential impacts on monetary policy, particularly regarding interest rates and the US dollar. The President's influence on Fed appointments and his conflicting views on interest rates are also examined, with an expectation of a systematic approach to policy normalization.

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

• From political to independent members

• From academic to business-oriented members

• From international to domestic members

• From business to academic members

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

• Strengthen the U.S. dollar

• Weaken the U.S. dollar

• Lead to a new currency

• Have no impact on the U.S. dollar

What is the administration's stance on the U.S. dollar?

• They have no preference

• They want to eliminate the dollar

• They prefer a stronger dollar

• They prefer a weaker dollar

What conflicting views has President Trump expressed about the Federal Reserve?

• He blames the Fed for low rates but also supports low rates

• He wants higher interest rates but also blames the Fed for high rates

• He wants to abolish the Fed but also expand its powers

• He supports the Fed's independence but wants to control it

What is the anticipated approach of the Federal Reserve after Janet Yellen's departure?

• To maintain the status quo indefinitely

• To decrease interest rates significantly

• To pursue normalization systematically

• To increase interest rates rapidly