BlackRock's Rieder: Data Downtrend Makes Fed Hike Harder

The transcript discusses the Federal Reserve's hawkish stance as reflected in the Minutes, emphasizing the potential for interest rate hikes. It explores the impact of the yield curve on the economy, highlighting the significance of the back end of the curve. The discussion includes the flattening of the yield curve and its implications. Market reactions to Fed actions and key economic indicators are analyzed, with a focus on future data and decision-making processes, including considerations around Brexit and upcoming economic reports.

What data points are considered crucial for the Fed's decision-making process?

What challenges does the speaker identify regarding the current economic data?