Fed's Barkin: Need to Hike Without 'Breaking Anything'

President Barkin discusses the rationale behind the recent interest rate hikes, emphasizing the need to address high and persistent inflation. He supports the decision to increase rates by 75 basis points, citing market data and inflation projections. The focus is on monitoring inflation and economic signals to determine future rate adjustments. The goal is to achieve positive forward-looking real rates across the curve, while being flexible to changes in inflation expectations.

How does the speaker view the current inflation situation?

What is the significance of the market's reaction to the data mentioned?

What factors does the speaker consider when determining the pace of rate hikes?

What does the speaker mean by 'positive forward looking real rates'?

What signals does the speaker mention that could indicate when to slow down rate hikes?