Powell: No Rate Cut in 2023 If Economy Doesn't Change

The transcript discusses potential future rate increases and the divergence between market expectations and the Federal Reserve's outlook. It highlights concerns about inflation trends and forecasts, comparing market views with those of the Fed. The discussion also touches on the implications of these trends for economic policy, emphasizing the Fed's stance on not cutting rates if their outlook holds true.

What are the implications of the ongoing increases mentioned in the text?

How does the market's expectation of inflation affect the divergence mentioned?

What forecasts do different participants have regarding economic growth?

What is the expected trend for inflation according to the text?

What conditions might lead to a change in the policy stance regarding rate cuts?