Fed 'At or Near' Point of Slowing Rates, Says Hammack

The video discusses the current monetary policy stance, suggesting a slower pace of rate reductions due to stronger-than-expected economic indicators. It draws parallels with the 1990s FOMC rate cuts and emphasizes the need to monitor financial conditions. Market expectations indicate minimal rate reductions, aligning with forecasts of solid growth and low unemployment.

What is the speaker's expectation for the federal funds rate by the end of January?

What factors does the speaker mention that will determine the future path of interest rates?