TD Securities: FOMC Won't Be a Treasury Market Mover

The video discusses the FOMC meeting's focus on tapering and the press conference's role in shaping market expectations. It highlights the impact of real yields and inflation on market dynamics, questioning if the Fed might be acting prematurely. The US dollar's status as a safe haven is examined, considering the Delta variant's effect on economic growth. The Fed's strategy for tapering is explored, emphasizing the importance of labor market recovery and inflation data in guiding their decisions.

What does the speaker suggest about labor force participation and its impact on the economy?

In what ways does the speaker believe inflation data will affect the Fed's actions?