Fed Really Sets Global Interest Rates, Says Professor Reinhart

The video discusses the current economic climate, focusing on the potential for global slowdowns due to various shocks, including trade tensions and turmoil in Hong Kong. It examines China's economic slowdown and its global effects, particularly on commodity markets. The discussion also covers currency wars, interest rate policies, and the Federal Reserve's role in setting global interest rates. The video concludes with insights into the Fed's potential actions and their implications for the global economy.

How has the slowdown in China affected global commodity markets?

What are the concerns regarding the US-China trade war mentioned in the text?

What factors contribute to the uncertainty surrounding the Federal Reserve's decisions?