Pond, Cabana on U.S. Economic Data and the Fed

The video discusses recent economic data, highlighting soft personal spending and GDP growth in Q1. The Federal Reserve's cautious optimism is explored, with a focus on upcoming FOMC meetings and potential policy decisions. The importance of the June meeting for balance sheet considerations is emphasized, with discussions on possible interest rate hikes and future economic strategies.

What are the potential implications for the Federal Reserve's policy decisions in June?

What is the expected timeline for the Federal Reserve to implement changes to the balance sheet?