Pimco's Wilding Sees Fed Rate Hikes in 2023

The transcript discusses key questions for the FOMC meeting, focusing on whether the Fed has started discussing tapering and how economic projections have been updated. It highlights the possibility of tapering due to improved growth and employment forecasts, despite transitory inflation. The discussion also covers the need to revise inflation forecasts and the potential for interest rate hikes in 2023, emphasizing the interconnectedness of tapering decisions and economic projections.

What changes in the economic environment have prompted a reassessment of projections by the Federal Reserve?

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What is the expected impact of the labor market on the Federal Reserve's inflation forecasts?

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