Liquidity Crunch in Treasuries

The video discusses the Federal Reserve's monetary policy, focusing on the pace of rate increases and the economic indicators influencing these decisions. It covers the Fed's dashboard, terminal rate considerations, and the impact of quantitative tightening on financial conditions. The discussion also addresses liquidity issues in the treasury market and the role of the supplementary leverage ratio in financial stability.

What is the anticipated change in the pace of rate hikes at the December meeting according to Richard Clarida?

What challenges does the Fed face regarding the economy and inflation?

How does Richard Clarida suggest the Fed should approach the terminal rate?

What factors does Richard Clarida believe will influence the Fed's decision on the funds rate?

How does Richard Clarida view the Fed's record at forecasting inflation?

What is the significance of quantitative tightening in the current economic context?

What are the potential consequences of the supplementary leverage ratio on banks' participation in the treasury market?