Markets Are Pricing That Fed Will Make an Error, Says Bluebay's Riley

The transcript discusses the Federal Reserve's potential rate hikes and balance sheet management in 2019, highlighting market reactions and predictions. It explores Powell's strategy to align bond market pricing with Fed dots without unsettling the equity market. The discussion also covers economic data's influence on Fed decisions and the impact of financial conditions on future rate hikes.

Discuss the significance of the economic data in determining the Fed's rate hike decisions.

What factors might lead the Fed to delay rate hikes until later in the year?