JPMorgan Sees Nine Straight Rate Hikes

The transcript discusses the Federal Reserve's approach to rate hikes, focusing on 25 basis point increments and the potential for future changes. It examines the impact of U.S. and European sanctions on inflation and growth, and how the Fed might respond. The discussion also covers the possibility of a new strategic playbook for the Fed, the effects of unwinding the balance sheet on financial conditions, and challenges in the labor market, including high job openings and wage pressures.

What are the potential consequences of the Fed's balance sheet unwinding on financial conditions?

In what ways could the labor market conditions affect the Fed's policy decisions?

How might the current inflation dynamics differ from those experienced in the 1970s?