Loomis Sayles' Fuss Predicts Two More Rate Hikes This Year, Three Next Year

The transcript discusses the current strength of the US economy and the likelihood of interest rate hikes by the Federal Reserve. It highlights concerns about trade and tariff issues, which could lead to economic slowdown or inflation. The potential for a trade war raises fears of stagflation, where the economy slows while inflation rises. The Federal Reserve faces challenges in balancing its mandate to maintain economic stability amid these international trade tensions.

What is the Federal Reserve's mandate as mentioned in the text?

What are the concerns regarding the Federal Reserve's actions in a slowing economy?