Kroszner Sees Chance of Fed Delaying Rate Hike Until 2018

The transcript discusses the ongoing debate about inflation pressure and the timing of the next rate hike, with some suggesting a delay due to lower-than-expected inflation. It also covers the potential announcement of balance sheet reduction and the Fed's cautious approach due to uncertainty in reaching their 2% inflation goal. Additionally, the transcript touches on Janet Yellen's potential reappointment as Fed chair and the importance of Fed independence from the White House.

What is the main reason for the potential delay in the next rate hike according to the discussion?

• High unemployment rates

• Low inflation rates

• Political instability

• Global economic growth

Why is the Fed uncertain about reaching their 2% inflation goal?

• Due to global economic stability

• Because of political pressure

• Because of unexpected inflation trends

• Due to high confidence in their policies

What is the Fed's approach towards balance sheet reduction?

• Aggressive and immediate

• Cautious and gradual

• Rapid and unplanned

• Indifferent and delayed

What is the concern regarding Janet Yellen's potential reappointment as Fed chair?

• Her vision aligns with Trump's

• Her vision is distinct from Trump's

• She lacks experience

• She is not respected in the financial community

What tradition is emphasized regarding the Fed's operation?

• Frequent changes in leadership

• Strict adherence to political directives

• Independence from the administration

• Complete alignment with the White House