Guggenheim's Minerd Says Fed Is in With Both Feet, Expect More Rate Cuts

Guggenheim's Minerd Says Fed Is in With Both Feet, Expect More Rate Cuts

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The transcript discusses the Federal Reserve's approach under the chairman's leadership, emphasizing a new mandate beyond price stability and full employment. The chairman's consistent focus in news conferences suggests an expectation of further rate cuts to sustain economic growth. The Fed is committed to preventing economic stagnation, similar to Japan's experience, by actively engaging in measures to keep the economy expanding.

Read more

5 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the chairman emphasize at the beginning of his news conference?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the third mandate given to the Fed according to the speaker?

Evaluate responses using AI:

OFF

3.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker suggest about future rate cuts?

Evaluate responses using AI:

OFF

4.

OPEN ENDED QUESTION

3 mins • 1 pt

Why does the Fed feel the need to keep the economy expanding?

Evaluate responses using AI:

OFF

5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the 'Japan disease' that the speaker refers to?

Evaluate responses using AI:

OFF