Fed's Lacker Terms Trump's Yellen View as 'Problematic'

The transcript discusses the intersection of politics and the Federal Reserve, highlighting Donald Trump's influence on monetary policy and the potential impact on the Fed's credibility. Jeff Lacker's comfort with four rate hikes is explored, emphasizing the Fed's hawkish stance. Stanley Fischer's speech is analyzed, focusing on the equilibrium rate and its implications for future rate hikes, suggesting a lower terminal rate due to slower economic growth.

What is the significance of the information available to the Fed regarding inflation and rate increases?

What does Stan Fischer suggest about the future of rate hikes and their potential heights?