Credit Suisse's Farris Says Fed Is on Autopilot

The video discusses the Federal Reserve's recent FOMC minutes, which indicate a consistent approach to rate hikes. The market's reaction to these minutes was muted, as the information was largely anticipated. The discussion also covers the rise in US break-even rates and inflation trends, influenced by global economic data and oil prices. The bond market's response to the Fed's actions is analyzed, highlighting the lack of surprises in the Fed's approach.

What is the expected number of interest rate hikes by the Federal Reserve for the next year?

• One

• Three

• Four

• Two

What economic factor is considered a potential wild card for the market in 2018?

• GDP growth

• Unemployment

• Inflation

• Interest rates

Which factor is NOT mentioned as contributing to inflationary pressure?

• New tax plan

• Economic growth

• Oil prices

• Unemployment rates

What is the primary reason for the bond market's muted reaction to the Fed's announcements?

• Well-priced market expectations

• Unexpected rate cuts

• Strong economic growth

• High inflation rates

What is the focus of the final section of the transcript?

• Economic growth

• Inflation data

• Bond market reaction

• Interest rate hikes