TD's Misra Sees Fed Policy Pause After a 'Few Hikes'

The video discusses the current state of the financial system, focusing on concerns about inflation, the Federal Reserve's potential policy mistakes, and market reactions. It highlights the Fed's challenge in balancing interest rate hikes with inflation control amidst geopolitical tensions and commodity price fluctuations. The discussion also covers the implications of these factors on financial conditions, market predictions, and the potential for a recession.

In what ways can service inflation affect the Fed's monetary policy decisions?

Discuss the relationship between wage inflation and the Fed's approach to tightening financial conditions.