Goldman: Fed To Hike 75bps in Nov. 50bps in Dec., 25bps in Feb.

The video discusses the Federal Reserve's focus on spot inflation and core inflation, emphasizing the importance of data dependency in monetary policy decisions. It highlights the risks of overdoing rate hikes and the potential for policy errors due to the long and variable lags of monetary policy. The discussion also covers the impact of base effects on inflation outlook and the implications for risk assets like equities and bonds. The Fed's preference for erring on the side of being too hawkish rather than too dovish is noted, along with the need for a sustained moderation in inflation to adjust policy.

According to the text, what factors will the Federal Reserve consider when assessing inflation?

What does the text suggest about the Federal Reserve's future actions regarding interest rates?