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?

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