Fed Was Forced to Be Market Dependent, Says Northern Trust's Sturkenboom

The transcript discusses the Federal Reserve's shift from being data-dependent to market-dependent, influenced by market signals indicating lower growth and inflation. It explores the possibility of rate hikes in 2019, contingent on a positive feedback loop from the Fed's pause, boosting market and economic confidence. A six-month pause and relief from market and interest rate pressures are deemed necessary for the Fed to consider policy changes.

What has changed in the Fed's approach to market dependency?

How does the current market outlook affect the Fed's decision-making?

What is the significance of a feedback loop from the Fed being on pause?

What factors could lead to the Fed starting to hike rates again?

What role does market pressure play in the Fed's policy decisions?