Bruce Kasman: Fed Can Raise Rates Twice in 2016

The transcript discusses the uncertainties surrounding the US and global economies, particularly in light of the upcoming Brexit vote and recent employment reports. It explores the Federal Reserve's potential decisions regarding interest rate hikes, emphasizing the need for economic stability and the absence of financial market disruptions. The concept of economic slack is examined, along with its implications for the labor market and inflation. The discussion also highlights the influence of financial variables, such as the dollar and oil prices, on the Fed's outlook. Predictions are made about future rate rises and their potential impact on the economy.

What is the speaker's perspective on the relationship between the economy and financial markets?

What factors does the speaker believe influence the Fed's view of the economy?