FOMC Will Stay the Course, Goldman's Wilson Says

The transcript discusses the influence of Jay Powell and the FOMC on market reactions, focusing on US economic data and market expectations. It highlights the impact of financial conditions on the Fed's strategy for rate hikes and addresses global economic concerns, including interest rates, geopolitics, and fiscal policy. The discussion also covers potential US inflation risks and ongoing trade tensions between China and the US.

Discuss the potential risks associated with inflation in the US as mentioned in the text.

What role do trade tensions between China and the US play in the economic outlook?