Fed's Evans Says Half-Point Rate Hike Worth Debating

The video discusses the current state of interest rates, which have been low for three years, and the recent decision to raise them slightly. It emphasizes the need to shift monetary policy towards a neutral setting, as the economy and labor market are performing well. The speaker outlines a target range for a neutral policy and considers the potential impact of inflation and other economic shocks. The discussion also covers strategic positioning for the end of the year, including the possibility of multiple interest rate hikes to achieve a neutral stance.

What considerations should be made regarding inflation data by the end of the year?

How many hikes might be required to reach a neutral policy by December?