Morgan Stanley's Zentner Expects a December Rate Hike

The transcript discusses the market's reaction to potential rate increases, focusing on the probability of a December hike. It highlights the lack of mention of monetary policy in a recent speech, leading to uncertainty among traders. The discussion covers inflation trends and economic conditions, suggesting that while the market is uncertain, a December rate hike is expected if conditions improve.

What are the expectations regarding inflation readings before the December meeting?

What conditions are necessary for the Fed to consider a rate hike in December?