Fed's Dudley Says Couple More 2017 Hikes Seems Reasonable

The transcript discusses the Federal Reserve's approach to interest rate hikes in 2017, focusing on the factors influencing these decisions, such as economic data, inflation, and employment. It explains the rationale behind the March rate hike and considers future rate adjustments based on economic conditions. The concept of a neutral federal funds rate is explored, along with its implications for monetary policy. The impact of rate changes on the labor market and job growth is also examined.

How does the Federal Reserve assess the strength of the economy when considering rate changes?

What implications does a stronger or weaker economy have on the Federal Reserve's monetary policy?