Fed Swaps Point to June or July Rate Cut

The video discusses the ongoing tension between the market and the Federal Reserve regarding interest rate cuts. The market is betting on rate cuts due to a banking crisis and potential recession, while the Fed is more focused on inflation control. The discussion also covers the importance of the jobs report and wage growth in influencing rate decisions.

What are the implications of high wage growth on inflation forecasts?

What does the market expect regarding rate cuts in light of banking stress?