What to Watch for in FOMC Meeting Minutes

The transcript discusses the Federal Reserve's January meeting, highlighting the uncertainty around rate hikes and the lack of consensus among Fed members. It explores global economic concerns, such as risks from China and Brexit, and their influence on the Fed's decisions. The discussion also covers the Fed's balance sheet, potential changes, and the role of key figures like Rich Clara and John Williams in shaping policy.

What was the main topic of uncertainty discussed in the first section regarding the Fed's January meeting?

• The influence of German data on the Fed's policy

• The role of China in global economic risks

• The impact of Brexit on the Fed's decisions

• The number of rate hikes expected this year

Which global factors were highlighted as influencing the Fed's recent pivot?

• Risks from China and Europe

• The US housing market

• The strength of the US dollar

• The US unemployment rate

What is the Fed's new communication challenge as discussed in the second section?

• Decreasing the focus on global risks

• Increasing the frequency of rate hikes

• Making their communications more transparent

• Reducing the number of press conferences

What aspect of the Fed's policy is Rich Clarida particularly focused on?

• Interest rate hikes

• Inflation expectations

• Unemployment rates

• Trade policies

Who are the key figures mentioned in the third section that influence the Fed's policy decisions?

• Timothy Geithner and Henry Paulson

• Ben Bernanke and Alan Greenspan

• Jerome Powell and Janet Yellen

• Rich Clarida and John Williams