Informa's Cavenagh Says Market Will Challenge Fed Through 2021

The transcript discusses the Federal Reserve's economic outlook, highlighting the challenges of balancing inflation and rate hikes. It analyzes the dollar and Treasury market movements post-FOMC statement, noting potential unwinding of dollar weakness. The inflation narrative is explored, with emphasis on transitory pressures and break even rates. The Bank of Japan's potential yield target adjustment is examined, considering market volatility and implications for dollar-yen dynamics.

What implications does the vaccine rollout in the US have on economic growth compared to Europe?

What are the uncertainties surrounding inflation estimates according to the discussion?

How might the Bank of Japan's potential policy changes impact the market?