Yellen Says Rate Hike 'Relatively Soon': Then What?

The transcript discusses key economic events in 2017 and 2018, focusing on the future of Fed Chair Janet Yellen under the Trump administration. It highlights the Fed's rate hike cycle, emphasizing gradual guidance compared to previous years. The impact of Trump's election on the Fed's outlook is analyzed, considering the uncertainties of his policies. The dot plot and economic projections are discussed, with skepticism about their usefulness given political uncertainties. Market reactions to Fed actions are explored, noting changes in Treasury yields and potential implications for inflation and investor focus.

What are the key differences in the Federal Reserve's guidance regarding rate hikes compared to previous years?

How might Donald Trump's presidency influence the Federal Reserve's outlook on the economy?

What factors are the Federal Reserve focusing on as they consider future rate hikes?

In what ways does wage growth impact the Federal Reserve's approach to interest rates?

What implications do market movements have on the Federal Reserve's decision-making process?