If financial conditions are considered to be “very loose,” this is an argument as to why the FOMC ___ lower rates.

Imagine that the BLS announced that they were revising the number of jobs created from April through June (of 2025) down by 300,000 jobs and this was unexpected news. This would make the FOMC ___ likely to cut rates at their next meeting.

Citadel CEO Ken Griffin is a ___ donor. He wrote an op-ed piece recently (with Chicago Prof. Kashyap) encouraging Pres. Trump to ___.

Last year, the percentage of homebuyers that were first-time buyers ___ when compared to 2023.

Imagine that the inflation rate falls from 3% to 2%. This is most accurately described as ___.

We normally expect interest rate cuts to result in ___ of the dollar.

In class, we discussed the idea that the IRS ___ increase withholding levels for income taxes and this will ___.

The most common maturity for new car loans is currently ___ years.

Imagine that Japanese government bond yields moved significantly higher. This would be ___ for US bond prices.

The most common maturity for new car loans is currently ___ years.