BlackRock's Rieder: U.S. Rates Won't Rise Dramatically

The transcript discusses the Federal Reserve's decision-making process, market reactions, and the potential for future interest rate hikes. It explores the Fed's approach to inflation and employment, the impact on financial markets, and the global bond market dynamics. The conversation also touches on productivity metrics and economic growth expectations.

What is the market's perception of the likelihood of a rate hike in December according to the speaker?

What concerns does the speaker express about the potential dangers of the current economic camps forming around different Fed members?

How does the speaker describe the Fed's approach to managing inflation and employment?

What implications does the speaker foresee for financial markets if inflation runs hotter than expected?

What is the speaker's view on the relationship between interest rates and bank lending?

According to the speaker, what factors contribute to the discrepancy between Fed's GDP growth expectations and actual performance?

What does the speaker suggest about the traditional GDP measurement and its reflection of the economy's performance?