Credit Suisse's Farris Says Fed Is on Autopilot

The video discusses the Federal Reserve's recent FOMC minutes, which indicate a consistent approach to rate hikes. The market's reaction to these minutes was muted, as the information was largely anticipated. The discussion also covers the rise in US break-even rates and inflation trends, influenced by global economic data and oil prices. The bond market's response to the Fed's actions is analyzed, highlighting the lack of surprises in the Fed's approach.

What is the significance of the break-even rates mentioned in the conversation?

What impact do oil prices have on inflation and the bond market as discussed?