BofA Merrill's Harris: No Fed Rate Hike Until December

The video discusses the Federal Reserve's current stance on interest rates, highlighting the market's expectations and the Fed's cautious approach. It analyzes economic indicators like GDP and employment, noting the Fed's patience in rate hikes due to global risks. The discussion includes predictions for future rate hikes, considering factors like the bond market and inflation.

What factors are contributing to the Fed's decision-making process regarding interest rates?

How does the current labor market compare to the overall economic situation according to the text?

What is the significance of the May employment report mentioned in the text?

Discuss the implications of a potential second rate hike by the Fed as mentioned in the text.

What are the expectations for the Fed's actions by the end of the year according to the discussion?