Fed Officials Signal More Rate Hikes

The video discusses the Federal Reserve's strategy to raise and maintain interest rates, with insights from Mary Daly and Raphael Bostic. Daly suggests a starting point for rates between 5% and 5.5%, while Bostic emphasizes the importance of CPI data in decision-making. Inflation expectations are analyzed, highlighting a decrease in short-term expectations but concerns over long-term ones. The New York Fed's survey results show a decline in inflation expectations, and an upcoming economic outlook event at the University of Chicago is mentioned.

What is the Federal Reserve's current stance on interest rates according to Mary Daly and Raphael Bostic?

• They plan to lower rates immediately.

• They plan to eliminate interest rates altogether.

• They intend to raise rates and keep them high for a while.

• They are undecided about rate changes.

What factor does Raphael Bostic mention as influencing the decision between a 25 or 50 basis point rate hike?

• Unemployment rates

• Consumer spending

• CPI (Consumer Price Index)

• Stock market performance

How long does Mary Daly suggest rates might remain above 5%?

• 6 months

• 3 months

• 2 years

• 11 months

What is the current short-term inflation expectation according to the New York Fed's survey?

• 2.99%

• 4.2%

• 7%

• 3%

Who are some of the notable speakers at the University of Chicago's economic outlook event?

• Janet Yellen and Jerome Powell

• Raghu Rajan and Randy Kroszner

• Elon Musk and Jeff Bezos

• Warren Buffett and Bill Gates