The Fed Isn't Done Raising Rates: Michele

The video discusses the Federal Reserve's current stance on monetary policy, emphasizing that the Fed is not done with rate hikes due to coincident and lagging indicators like low unemployment and tech earnings. It highlights recessionary signs from leading indicators, such as rising continuing claims and tightening credit conditions. The discussion also covers inflation trends, predicting a drop below 3% by the time rates are cut, and examines various economic data, including housing prices and supplier delivery times, which suggest recessionary conditions.

What indicators does the Fed consider when making decisions about interest rates?

What is the significance of leading indicators rolling over according to the text?

What does the text suggest about the relationship between credit conditions and recessions?

What evidence does the text provide to support the claim that we might be in a recession?

How does the text describe the current state of inflation and its expected trend?