One More Fed Hike 'Baked in Cake': Evercore ISI's Hyman

The transcript discusses the Federal Reserve's anticipated actions, with Krishna Guha suggesting one more rate hike before stopping. Concerns are raised about the potential for a deeper recession and the impact on bond yields. The discussion also reviews past Fed actions, including rate hikes and quantitative easing, and their effects on inflation trends.

What is Krishna Guha's stance on the Federal Reserve's future rate hikes?

• He believes there will be two more hikes.

• He suggests one more hike and then stopping.

• He advocates for continuous rate hikes.

• He thinks the Fed should cut rates immediately.

What is a potential risk of further rate hikes by the Federal Reserve?

• A deeper recession

• Stronger economic growth

• Higher employment rates

• Increased inflation

What is the current bond yield mentioned in the discussion?

• 5.5%

• 3.8%

• 6.0%

• 4.2%

When did the Federal Reserve hike rates, as mentioned in the transcript?

• March 2023

• March 2020

• March 2022

• March 2021

What financial strategy was the Fed still implementing during the rate hikes?

• Fiscal stimulus

• Interest rate cuts

• Quantitative tightening

• Quantitative easing