Is the Fed Coming Down Closer to the Market?

The video discusses the impact of inflation on yield movements and the Federal Reserve's rate hike expectations. It highlights the gap between the Fed's optimistic forecasts and the market's more conservative expectations, using historical data to show the Fed's consistent overestimation. The discussion also covers the Fed's positive bias and the challenges in predicting economic growth, with a focus on future rate projections and potential political implications.

What was the market's expectation regarding rate increases this year according to the text?

What significant gap is illustrated in the charts mentioned in the text?

How has the Federal Reserve's interest rate forecast changed over the years?

What does the text suggest about the accuracy of the market's predictions compared to the Federal Reserve's?

According to the discussion, what are the potential outcomes for the economy and interest rates in 2018?