Big Question for the Fed Is What Next, Says Misra

The transcript discusses the Federal Reserve's interest rate hikes, market pricing, and the concept of overshooting the neutral rate. It explores how the Fed's actions might impact risk assets and inflation targets. The discussion also touches on the challenges of balancing the desire to overshoot the neutral rate with inflation targets, and the Fed's current stance on these issues.

What is the speaker's view on the Fed's willingness to overshoot on inflation?

According to the speaker, how close is the Fed to reaching the neutral rate?