Fed Officials Signal More Rate Hikes

The video discusses the Federal Reserve's strategy to raise and maintain interest rates, with insights from Mary Daly and Raphael Bostic. Daly suggests a starting point for rates between 5% and 5.5%, while Bostic emphasizes the importance of CPI data in decision-making. Inflation expectations are analyzed, highlighting a decrease in short-term expectations but concerns over long-term ones. The New York Fed's survey results show a decline in inflation expectations, and an upcoming economic outlook event at the University of Chicago is mentioned.

What are the implications of the CPI numbers for the Federal Reserve's decisions?

What did the recent survey from the New York Fed indicate about inflation expectations?