Reinhart: Fed Will Probably Deliver 2 Quarter Point Hikes

The video discusses the unpredictability of the Federal Reserve's signals and actions, reviewing the Fed's policy decisions in 2016 and expectations for 2017. It highlights the role of Janet Yellen in assessing full employment and inflation, and the potential risks of probing these economic indicators. The video also explores the dynamics between market expectations and the Fed's actions, emphasizing the importance of understanding resource utilization and global economic impacts.

What are the potential risks associated with probing the definition of full employment?

What key data points should be monitored to assess the economic outlook in 2017?

How does the relationship between market expectations and Federal Reserve actions affect economic stability?