Fed Watch: What's Ahead for Rates in 2017?

The transcript discusses the Federal Reserve's position on economic indicators and the ongoing hiking cycle, considering the Trump administration's fiscal plans. It analyzes GDP forecasts, market reactions, and the potential for fiscal stimulus. The conversation highlights economic trends, comparing current conditions to the previous year, and addresses the challenges the Fed faces in predicting future economic conditions. The discussion concludes with the uncertainty surrounding the Fed's forward guidance and its impact on the markets.

In what ways might the economic surprise index affect market expectations?

What challenges does Janet Yellen face regarding forward guidance and interest rate predictions?