Trump Slams Federal Reserve for Holding Back Stocks, GDP

The video discusses the President's recent criticism of the Federal Reserve, particularly in the context of his attempts to appoint Herman Cain and Stephen Moore to the Fed board. Despite the stock market's recovery, the President is pushing for changes at the Fed. Meanwhile, the Federal Reserve is conducting an internal review of its objectives and methods, which seem to align with some of the administration's views. The discussion highlights the challenges of relying on low unemployment to drive inflation and considers alternative explanations, such as high profit margins, for current economic conditions.

What is the main reason the President is focusing on the Federal Reserve despite the stock market's recovery?

• To decrease interest rates

• To increase stock market volatility

• To appoint new members to the Fed board

• To align with the Fed's current policies

What challenge is the President facing with Herman Cain's nomination to the Fed board?

• Lack of support from the stock market

• Resistance from the Senate

• Opposition from the Federal Reserve

• Disapproval from the White House

How is the Federal Reserve's current investigation into its objectives significant?

• It shows alignment with the White House's views

• It seeks to lower interest rates

• It focuses on reducing unemployment

• It aims to increase inflation rates

What traditional economic model is being questioned by both the Fed and the White House?

• High interest rates lead to economic growth

• Low unemployment leads to higher inflation

• Low interest rates lead to economic decline

• High inflation leads to low unemployment

What is one possible reason businesses might not raise prices despite higher wage growth?

• Low consumer demand

• High profit margins

• Government regulations

• Increased competition