Wait-and-See: What Are the Risks to Raising Rates?

The transcript discusses the Federal Reserve's cautious approach to raising interest rates despite low unemployment and moderate inflation. It highlights the Fed's focus on risk management and the impact of their policies on wage growth and investment, particularly in the housing sector. The discussion also touches on the effects of quantitative easing and external factors like Brexit on the US economy.

In what ways has the Federal Reserve's approach to risk management evolved over time?

What impact has Brexit had on the financial markets in the US according to the discussion?