Economist Hooper Sees Fed Holding to 2018 Expectations

The transcript discusses the Federal Reserve's expectations for rate hikes in 2018, noting that the market is not fully aligned with these projections. Despite inflation concerns, the Fed is expected to maintain its current stance on rate hikes. The conversation also touches on the market's reaction to the Fed's balance sheet adjustments, indicating that the market has moved beyond these changes. The discussion highlights the importance of understanding the gap between market expectations and the Fed's projections.

What is the Federal Reserve's current expectation for rate hikes next year?

• One rate hike

• Four rate hikes

• Two rate hikes

• Three rate hikes

How does Janet Yellen plan to approach her commentary at the press conference?

• Optimistically

• Indifferently

• Cautiously

• Aggressively

What significant event is happening at the upcoming press conference?

• Introduction of new monetary policies

• Increase in interest rates

• Winding down of balance sheets

• Announcement of new economic forecasts

How has the market reacted to the Federal Reserve's actions regarding balance sheets?

• The market is confused

• The market is panicking

• The market is indifferent

• The market has moved beyond it

What might the market take as a confirmation of its current pricing?

• If the Fed's projections align with market pricing

• If the Fed decreases rates

• If the Fed introduces new policies

• If the Fed increases rates significantly