Fed Expected to Say Policy Will Be 'Data Dependent,' Cumberland's Eisenbeis Says

The video discusses the Federal Reserve's internal dynamics between hawkish and dovish members, the introduction of new centrist members to the Board of Governors, and the implications of potentially dropping the accommodative policy statement. It also covers the impact of inflation, tariffs, and oil prices on the Fed's decisions, and the role of treasury policy and the national deficit in shaping interest rates.

What implications does the speaker suggest if the term 'accommodative' is dropped from the policy statement?

What concerns are raised regarding oil prices and their impact on treasury rates?