Fed Is 'Adjusting the Dials' on Inflation: Pimco's Schneider

The transcript discusses the Federal Reserve's monetary policy stance, focusing on the balance between dovish and hawkish approaches. It highlights the Fed's view on inflation, suggesting that inflationary pressures are expected to decrease, allowing for potential rate hikes in 2023. The discussion also covers the Fed's communication strategy regarding tapering, emphasizing the importance of clear communication to avoid market volatility.

What lessons have been learned by the Fed regarding communication and tapering?

What factors are likely to instigate risk on risk off effects according to the discussion?