Mellon's Reinhart on the Fed Outlook

The transcript discusses the Federal Reserve's approach to tapering asset purchases and potential rate hikes. It highlights the Fed's strategy to announce tapering details in November, with a possible start in December. The discussion includes market reactions, fiscal legislation impacts, and inflation expectations. The Fed aims to balance caution with the need to address rising inflation, considering economic conditions and potential risks.

What factors might influence the timing of the Federal Reserve's rate hikes in the coming year?

In what ways could fiscal legislation and the debt ceiling impact the Federal Reserve's policy decisions?