Hiring in U.S. Picks Up, What Will Fed Do Now?

The video discusses the current state of the labor market and economy, describing them as 'red hot' and potentially overheating. It highlights the Federal Reserve's position, noting that they are behind the curve and may need to accelerate rate hikes. The discussion includes predictions of slower economic growth and more aggressive rate hikes by the Fed in upcoming meetings, reaffirmed by recent reports.

How is the current state of the labor market described?

• Unpredictable

• Cooling down

• Red hot

• Stable

What is the Federal Reserve's current challenge according to the transcript?

• They are ahead of the curve

• They are on track

• They are reducing rates

• They are behind the curve

What action is the Federal Reserve expected to take in the upcoming meetings?

• Decrease interest rates

• Maintain current rates

• Hike rates aggressively

• Stop rate hikes

What is the expected trend for economic growth?

• Faster growth

• Stable growth

• Unchanged growth

• Slower growth

How does today's report influence the view on the Fed's actions?

• It creates uncertainty

• It reaffirms the view

• It has no impact

• It contradicts the view