How Important Is Jobs Data To the Fed Now?

The transcript discusses Janet Yellen's perspective on economic risks, including Brexit, and the Fed's employment targets. It highlights the importance of inflation data and the potential impact of oil prices. The discussion covers the Fed's June meeting, global risks, and the divided opinions within the FOMC. Market reactions to potential rate increases are analyzed, with a focus on the likelihood of a rate hike. The transcript concludes with a discussion on Brexit and the global economic slowdown, emphasizing the Fed's cautious approach.

What is the primary economic risk discussed in relation to Janet Yellen's thinking?

• Global trade

• Oil prices

• Brexit

• The employment target

What is the main reason Janet Yellen is hesitant about a rate hike in June?

• Strong employment data

• High inflation rates

• Political pressure

• Global economic risks

What is the division within the FOMC primarily about?

• The strength of the dollar

• The timing of rate hikes

• The employment target

• The impact of Brexit

What is the market's expectation for a rate increase this year?

• 75%

• 25%

• 50%

• 10%

What external factor is mentioned as a reason for the Fed to potentially delay action in June?

• Rising oil prices

• Brexit

• Trade agreements

• US political elections