Prática de Shadowing: How Long Can the Fed Hold On? - Aprenda a falar inglês com vídeo

Criando lição...
1
Welcome to Thoughts on the Market.
2
I'm Andrew Sheets, Global Head of Fixed Income Research at Morgan Stanley.
3
Today, can the Fed hold the line?
4
It's Wednesday, August 5th at 2 p.m in London.
5
The Federal Reserve has a difficult job.
6
The U.S economy is a complex and varied ecosystem that covers everything from brain surgery to your burger order.
7
The Fed is asked to keep prices stable and people employed using, for the most part, just one simple tool,
8
a short-term interest rate, and without any control over what government policy or global events might bring.
9
Currently, the Fed probably feels pretty good about its success with one half of this in the job market, given that the unemployment rate is near historical lows.
10
But it probably feels less successful about price stability.
11
Over the last five years, overall prices in the U.S economy have risen over 20% based on the Fed's preferred inflation measure.
12
That's roughly double the increase that a goal of 2% annual inflation would otherwise bring.
13
Into this complexity steps a new Fed chair, Kevin Warsh.
14
He has emphasized two changes for his tenure.
15
First, that inflation is too high and needs to come down.
16
And second, that the Fed has historically communicated too much with the market, which Chair Warsh thinks has helped contribute to investors potentially taking too much risk,
17
while also restricting the Fed's options to act.
18
What markets are now processing is a potential tension between these two goals.
19
After all, high inflation is an immediate issue.
20
In a world where the Fed is hoping to keep price increases at about 2% per year, their preferred measure, PCE inflation,
21
is rising more than 3% on an annualized basis over the last 3, 6, and 12 months.
22
In the latest ISM manufacturing survey, measure of price increases among manufacturers is well above normal.
23
In the face of that, one option for the Fed to combat this inflation would have been to raise interest rates.
24
It didn't do that.
25
Another would be to suggest that it was very close to taking action and likely to move soon.
26
It didn't do that either.
27
Indeed, our economists think that the market took Chair Warsh's lack of guidance
28
and action at the most recent Fed's meeting to suggest a pretty high bar for rate hikes,
29
and even the potential to redefine the Fed's 2% inflation target in favor of something more general and unspecified.
30
The result was a market reaction that would suggest less focus on inflation.
31
The prospects for rate hikes were reduced, the yield curve steepened, led by a sell-off of long-end yields, measures of expected inflation rose, and the U.S dollar weakened.
32
In the days since, markets have settled a bit.
33
But the result is going to be a market that is now going to be much more sensitive to incoming inflation data.
34
If that inflation data moderates in the second half of this year, as we at Morgan Stanley expect, then the Fed's approach could look justified,
35
as the data suggests that neither action nor more communication about what they're going to do is necessary.
36
But if inflation doesn't cooperate, the challenge becomes immediate.
37
Christopher Waller, another member of the Fed, recently said that, quote, sternly staring at inflation until it melts before our withering gaze is not an option.
38
The market will expect action and expect a framework explaining that action.
39
Until that point, our rate strategists think that yield curves will continue to steep it.
40
Thank you, as always, for your time.
41
If you find Thoughts of the Market useful, let us know by leaving a review wherever you listen, and also tell a friend or colleague about us today.
42
The preceding content is informational only and based on information available when created.
43
It is not an offer or solicitation, nor is it tax or legal advice.
44
It does not consider your financial circumstances and objectives and may not be suitable for you.
📺 Mesmo canal
Fed in July: A Weaker Case for HikingC1
1

Fed in July: A Weaker Case for Hiking

Daily ConversationWorking Adults
The Global Power PlayC1
2

The Global Power Play

Daily ConversationWorking Adults
The Reasons for the Bull Market to ResumeC1
4

The Reasons for the Bull Market to Resume

Business EnglishUniversity StudentsWorking Adults
✨ Vídeo recomendado
The Inflation Problem... It's Worse Than You ThinkB2
3
258 frases

The Inflation Problem... It's Worse Than You Think

Business EnglishDaily ConversationUniversity Students
Can the Tech Surge Continue?C1
5
146 frases

Can the Tech Surge Continue?

Business EnglishDaily ConversationUniversity Students
The Federal Funds Rate Explained in One Minute: Federal Reserve Interest Rate Superpower or Threat?C1
35
11 frases

The Federal Funds Rate Explained in One Minute: Federal Reserve Interest Rate Superpower or Threat?

Daily ConversationUniversity StudentsWorking Adults
Special Address by Mark Carney, Prime Minister of Canada | World Economic Forum Annual Meeting 2026C1
1
343 frases

Special Address by Mark Carney, Prime Minister of Canada | World Economic Forum Annual Meeting 2026

Business EnglishDaily ConversationUniversity Students
Is Amazon Too Big?C1
3
176 frases

Is Amazon Too Big?

Business EnglishDaily ConversationUniversity Students
Leading in a Time of Change: Jamie Dimon, Chairman and CEO, JP Morgan ChaseC1
3
892 frases

Leading in a Time of Change: Jamie Dimon, Chairman and CEO, JP Morgan Chase

Business EnglishUniversity StudentsWorking Adults
Bonds Were Supposed to Crash the Market. Why Haven’t They?B2
1
158 frases

Bonds Were Supposed to Crash the Market. Why Haven’t They?

Business EnglishDaily ConversationUniversity Students
Marco Rubio on Iran War, Soaring Gas Prices, AI, Media Ban, MoreB2
1
134 frases

Marco Rubio on Iran War, Soaring Gas Prices, AI, Media Ban, More

Business EnglishDaily ConversationUniversity Students
Does Rent Control ACTUALLY Work? Obama’s Chief Economist Breaks it Down | The BriefC1
3
284 frases

Does Rent Control ACTUALLY Work? Obama’s Chief Economist Breaks it Down | The Brief

Business EnglishDaily ConversationUniversity Students
America Is Walking Into a Debt Spiral It Can't StopC1
12
227 frases

America Is Walking Into a Debt Spiral It Can't Stop

Business EnglishDaily ConversationUniversity Students
Watch CNBC's full interview with former Secretary of State Antony BlinkenB2
3
301 frases

Watch CNBC's full interview with former Secretary of State Antony Blinken

Business EnglishDaily ConversationUniversity Students

Sobre esta lição

Nesta lição, você vai praticar o shadowing em inglês com um vídeo sobre a Reserva Federal dos Estados Unidos. O conteúdo é repleto de termos econômicos e uma fala clara, ideal para melhorar a pronúncia em inglês e a capacidade de acompanhar conversas técnicas. Você vai aprender a escutar, repetir e imitar a entonação e o ritmo do locutor, tudo enquanto absorve vocabulário útil para discussões sobre economia.

Palavras e frases-chave

  • Federal Reserve: A Reserva Federal dos EUA, banco central do país.
  • Inflation: Inflação, aumento geral dos preços.
  • Interest rate: Taxa de juros, ferramenta usada pela Fed para controlar a economia.
  • Yield curve: Curva de rendimentos, gráfico que mostra os juros de títulos governamentais.
  • Unemployment rate: Taxa de desemprego, porcentagem da população sem trabalho.

Dicas de prática

O shadowing é uma técnica excelente para treinar a pronúncia e o fluxo da fala em inglês. Neste vídeo, o locutor fala com um ritmo moderado e clareza, mas com termos específicos. Aqui está como praticar: 1. Assista o vídeo uma vez para entender o contexto. 2. Repita frases curtas imediatamente após o locutor, focando em imitar a entonação e a pausa. 3. Aumente a dificuldade: repita parágrafos inteiros, tentando manter o mesmo ritmo. 4. Grave sua voz e compare com o original para ajustar nuances. Lembre-se: a chave é a consistência. Aprender inglês com YouTube usando shadow speech ajuda a se acostumar com a fala real e a ganhar confiança. Não se preocupe se errar no início – cada repetição melhora sua habilidade!

Gramática neste vídeo

As estruturas que o falante mais usa, com as palavras exatas do vídeo:

EstruturaNo vídeo
Present perfect have/has + particípio passado — uma ação passada que ainda importa agorahave risen · has emphasized · has helped
Voz passiva be + particípio passado — o foco está no que acontece, não em quem fazis asked · were reduced

O que é a Técnica de Shadowing?

Shadowing é uma técnica de aprendizado de idiomas com base científica, originalmente desenvolvida para o treinamento de intérpretes profissionais. O método é simples, mas poderoso: você ouve áudio em inglês nativo e repete imediatamente em voz alta — como uma sombra seguindo o falante com 1-2 segundos de atraso. Pesquisas mostram melhora significativa na precisão da pronúncia, entonação, ritmo, sons conectados, compreensão auditiva e fluência na fala.

Técnica de shadowing: leia o guia completo passo a passo →