Credit Suisse's Iqbal Sees Strong U.S. Labor Data

The video discusses the strong US labor data but notes that wage growth has been weaker than desired. It highlights the Federal Reserve's commentary, which aligns with expectations of rate hikes in June and September. Despite geopolitical risks, market volatility, particularly the VIX, has been resilient. The Fed is expected to begin a gradual wind-down of its balance sheet, with more details anticipated in the June meeting.

What does the implied probability of a rate hike from the Fed fund futures indicate?

What expectations do analysts have regarding the Fed's balance sheet wind down process?