What to Watch: The Fed’s Decision Day Next Week

The video discusses expectations for upcoming monetary policy changes, focusing on potential dovish outcomes due to already priced-in rate hikes. Key economic indicators such as employment and growth are analyzed, with attention to how changes in language and forecasts could impact markets. Long-term projections are considered, emphasizing the Fed's data dependency. The 2020 economic outlook is explored, highlighting debates over fiscal stimulus and potential recession risks.

What is the expected outcome regarding the rate hike and its impact on the market?

• A hawkish surprise is anticipated.

• A dovish surprise is anticipated.

• No change is expected.

• A significant rate cut is expected.

Which aspect of the upcoming statement is considered most crucial?

• The color of the report cover

• The number of pages in the report

• Changes in the language describing monetary policy

• The length of the statement

What is the significance of the dots plot in the upcoming statement?

• It indicates potential market movements.

• It predicts the weather for the next year.

• It shows the number of meetings held.

• It lists the names of the committee members.

What is the main concern among economists regarding 2020?

• The possibility of a recession

• The change in government leadership

• The potential for a fiscal stimulus

• The introduction of new currency

What do supply siders believe about the economy's future?

• It will experience sustainable growth.

• It will stagnate without change.

• It will collapse entirely.

• It will face a severe recession.