The FOMC's Too Optimistic View of Interest Rates

The video discusses the challenges in predicting market trends and interest rates, highlighting the over-optimism of economists. It examines the limitations of fiscal and monetary policies, especially in the US, and the constraints posed by the highly leveraged economy. The discussion also touches on the potential impact of political changes on economic policies, such as tax cuts and spending under a Trump administration.

What does the speaker imply about the future of interest rates based on current economic indicators?

Discuss the implications of the statement regarding the 'combined multi fiscal stimulus'.