Fed Should Slow Down the Pace of Rate Hikes, MUFG's Herrmann Says

The video discusses the Federal Reserve's actions and potential mistakes, emphasizing a shift from a yield curve flattening view to advocating for a pause in rate hikes. It highlights economic headwinds such as tariffs and political division, and suggests that the Fed may have overestimated the neutral rate. The video also provides projections for GDP, employment, and inflation, indicating a slowdown in job growth and economic activity.

What concerns does the speaker raise about wage growth?

How does the speaker describe the job growth projections for the upcoming years?