What Are the Takeaways From Today's Fed Meeting

The video discusses the Federal Reserve's policy and market expectations for rate hikes, with insights from Ellen Zentner. It covers the Fed's inflation targets and the strength of the US dollar, noting that the Fed no longer attributes low inflation to the dollar's rise or energy price declines. The video also examines core inflation and economic indicators, highlighting the gap between current core PCE inflation and the Fed's 2% goal.

What are the implications if inflation does not reach the Fed's target?

What is the core PCE inflation rate mentioned in the text, and how does it compare to the Fed's target?