BNP Paribas' Shulyatyeva on US Economy

The transcript discusses Chair Powell's economic statement, highlighting its hawkish tone and implications for future rate hikes. It examines the impact of Leo Brainerd's departure from the Federal Reserve and Powell's potential regret over previous rate decisions. The discussion includes market reactions, expectations for future rate hikes, and the importance of upcoming economic data. The transcript also analyzes strong economic data, considering factors like seasonality and transmission lags, and emphasizes the need for careful risk management and rate increment strategies.

How did Chair Powell's recent speech compare to his previous remarks at Jackson Hole?

What factors are expected to influence the Fed's decision on rate hikes in the coming weeks?

What does the term 'dovish message' imply in the context of the Fed's policy?

What was the significance of Leo Brainerd's views on rate adjustments before her departure?

How does the recent data on inflation and employment affect the Fed's policy stance?

What are the implications of a potential shift towards faster tightening of monetary policy?

What role does seasonality play in interpreting the latest economic data?