Wessel: Fed Doesn’t Really Want to Surprise Markets

The video discusses the confusion surrounding the Federal Reserve's actions and communication, highlighting a survey of Fed watchers. It explores expectations for a December rate hike, the factors influencing it, and the importance of clear communication from the Fed. The discussion also covers future rate increases, the Fed's projections, and the asset build-up strategy, emphasizing the need for clarity and consistency in the Fed's messaging.

What is one of the main communication challenges faced by the Federal Reserve according to the transcript?

• Overly technical language

• Lack of public interest

• Inconsistent messages from regional presidents

• Too much information from the Chair

What is the anticipated rate hike in December as discussed in the transcript?

• 75 basis points

• 50 basis points

• 25 basis points

• 10 basis points

What do people want to know about the Fed's future rate increases?

• The path of rate increases

• The impact on global markets

• The exact dates of future hikes

• The opinion of regional presidents

What is a common criticism of the FOMC's 'dots'?

• They focus too much on inflation

• They are updated too frequently

• They lack clarity on individual contributions

• They are too detailed

What is the expected trend for the Fed's asset buildup?

• It will remain constant

• It will decrease slowly

• It will be sold off quickly

• It will increase rapidly