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-(YASMIN CLEARS THROAT) ♪ (TOY PLAYING
SPED-UP "JINGLE BELLS") ♪ REPORTER: Inflation will return
to two percent over time and then be roughly symmetric around our
longer-term objective. ♪ (MUSIC CONTINUES
WITH FLAT NOTES) ♪ REPORTER:
At the start of the year, a number of crosscurrents
presented risks to the outlook,
including weak global growth, particularly in China
and Europe, the possibility of
a disruptive Brexit, and uncertainty around
unresolved trade negotiations. ♪ (MUSIC STOPS) ♪ While concerns remain
in all of these departments, it appears that risks
have moderated somewhat. Global financial positions
have eased, supported in many places
around the world by an accommodative shift
in monetary policy, and in some cases,
fiscal policy. Recent data
from China and Europe shows some improvement
-(YASMIN CLEARS THROAT) ♪ (TOY PLAYING
SPED-UP "JINGLE BELLS") ♪ REPORTER: Inflation will return
to two percent over time and then be roughly symmetric around our
longer-term objective. ♪ (MUSIC CONTINUES
WITH FLAT NOTES) ♪ REPORTER:
At the start of the year, a number of crosscurrents
presented risks to the outlook,
including weak global growth, particularly in China
and Europe, the possibility of
a disruptive Brexit, and uncertainty around
unresolved trade negotiations. ♪ (MUSIC STOPS) ♪ While concerns remain
in all of these departments, it appears that risks
have moderated somewhat. Global financial positions
have eased, supported in many places
around the world by an accommodative shift
in monetary policy, and in some cases,
fiscal policy. Recent data
from China and Europe shows some improvement
Full Transcript
00:00:01.000 --> 00:00:03.666
-Or are you planning on...
-(YASMIN CLEARS THROAT)
00:00:03.075 --> 00:00:05.292
♪ (TOY PLAYING
SPED-UP "JINGLE BELLS") ♪
00:00:05.375 --> 00:00:07.583
REPORTER: Inflation will return
to two percent over time
00:00:07.666 --> 00:00:09.042
and then be roughly symmetric
00:00:09.125 --> 00:00:10.833
around our
longer-term objective.
00:00:10.917 --> 00:00:13.000
♪ (MUSIC CONTINUES
WITH FLAT NOTES) ♪
00:00:13.083 --> 00:00:14.541
REPORTER:
At the start of the year,
00:00:14.625 --> 00:00:16.708
a number of crosscurrents
presented risks
00:00:16.791 --> 00:00:19.666
to the outlook,
including weak global growth,
00:00:19.075 --> 00:00:21.875
particularly in China
and Europe,
00:00:21.958 --> 00:00:24.292
the possibility of
a disruptive Brexit,
00:00:24.375 --> 00:00:27.998
and uncertainty around
unresolved trade negotiations.
00:00:27.167 --> 00:00:29.998
♪ (MUSIC STOPS) ♪
00:00:29.167 --> 00:00:31.292
While concerns remain
in all of these departments,
00:00:31.375 --> 00:00:34.209
it appears that risks
have moderated somewhat.
00:00:35.209 --> 00:00:37.292
Global financial positions
have eased,
00:00:37.375 --> 00:00:39.417
supported in many places
around the world
00:00:39.005 --> 00:00:42.459
by an accommodative shift
in monetary policy,
00:00:42.541 --> 00:00:44.708
and in some cases,
fiscal policy.
00:00:45.625 --> 00:00:47.666
Recent data
from China and Europe
00:00:47.075 --> 00:00:49.025
shows some improvement...
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Movie Summary
Young bankers and traders make their way in the financial world in the aftermath of the 2008 collapse.
