What Will the Fed's Janet Yellen Say Tomorrow?

The transcript discusses expectations for interest rate increases in the coming year, focusing on the impact of fiscal policy and economic recovery. Economists predict a rate hike soon, with more hikes expected in the latter half of the year. The discussion also covers the uncertainty surrounding fiscal policies and their potential effects on financial conditions. Additionally, global economic trends and central bank actions are examined, highlighting a shift from deflationary concerns to a more stable outlook.

What is the anticipated path for interest rate increases according to the transcript?

• No rate increases expected

• A shallow path of rate increases

• Immediate and significant rate hikes

• Rapid rate increases throughout the year

How many interest rate hikes are expected in the second half of next year?

• Four

• Three

• Two

• One

What is a major factor contributing to the uncertainty in policy decisions?

• Resolved political differences

• Clear fiscal policies

• Enormous amount of policy uncertainty

• Stable economic conditions

What is considered the greatest deficit in the US economy according to Charles Plosser?

• Trade imbalance

• Excessive inflation

• Low productivity

• High unemployment

What trend is observed in global central bank actions?

• Convergence around sustainability

• Increased interest rates

• Decreased fiscal stimulus

• Divergence in policies

What is the expected 10-year Treasury yield by Q3 of next year?

• 3.00%

• 2.75%

• 3.25%

• 2.00%

By the end of the year, what is the expected 10-year Treasury yield?

• 3.00%

• 2.75%

• 2.50%

• 2.25%