What to Look for in the FOMC Rate Decision

The transcript discusses a meeting focused on inflation expectations and economic forecasts. It highlights the Fed's view on inflation, the potential impact of upcoming announcements, and the dynamics of the meeting with Janet Yellen and her potential successor. The discussion also covers the market's reaction to these events and the transition of Fed leadership.

What is the main focus of the meeting discussed in the first section?

• Inflation expectations and outlook

• Game seven of the World Series

• Hurricane damage assessment

• Jobs report data

Who receives the jobs report data before the Fed?

• The Department of Labor

• The Treasury Department

• The White House

• The Federal Reserve

What is the Fed's view on the economy's current state?

• Chugging along with potential speed increase

• In a recession

• Stagnant and declining

• Experiencing rapid growth

What major announcement is expected to coincide with the meeting?

• A new economic stimulus package

• The Fed chair announcement

• A change in interest rates

• A new tax plan

How is Janet Yellen's role in the meeting described?

• As the current chair running the meeting

• As a participant

• As an observer

• As a potential successor