Pimco's Clarida Says December Fed Rate Hike Is 'in Play'

The transcript discusses the Federal Reserve's hawkish meeting, highlighting the likelihood of a December rate hike. It examines the impact of hurricane data on economic calculations and inflation, emphasizing the need for inflation to occasionally exceed 2%. The discussion includes insights from Chicago Fed President Charlie Evans and explores the long-term effects of hurricanes on economic data and future Fed decisions.

How might hurricane impacts affect the Fed's data calculations?

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What does Charlie Evans suggest about inflation expectations and the Fed's approach?

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