Fed Is Purely Data Dependent in Latest Outlook, Economist Laura Rosner Says

The video discusses balance sheet normalization and its implications for the market, highlighting the Fed's flexible approach and the potential for earlier-than-expected changes. It examines market reactions, historical Fed actions, and the shift towards data dependency in communication. The economic outlook remains strong, with the Fed suggesting flexibility in rate decisions without forward guidance.

In what ways does the Fed's communication reflect a data-dependent approach?

What does the term 'curve flattening' refer to in the context of economic outlook?