Lockhart: 75 Basis Point Federal Reserve Hike Likely, Can't Rule Out 100

The transcript discusses potential interest rate hikes, focusing on whether the Federal Reserve will increase rates by 75 or 100 basis points. It explores economic projections, including the possibility of rates exceeding 4% by the end of 2023. The analysis includes CPI data and inflation trends, emphasizing core CPI and month-over-month changes. Consumer behavior is examined, highlighting increased debt and spending patterns. The discussion concludes with expectations for future policy, suggesting rates may remain high through 2023.

What factors are considered when analyzing inflation challenges according to the speaker?

What are the implications of a high for longer message from the Federal Reserve?

What does the speaker expect regarding the Federal Reserve's policy in 2023?