Raymond James Economist Says Fed Not in Hurry to Hike

The transcript discusses the Federal Reserve's approach to potential interest rate hikes, considering upcoming meetings and economic indicators like employment and inflation. It highlights the Fed's dual mandates and the gradual nature of expected rate hikes over the next few years, emphasizing a cautious approach rather than abrupt changes.

What is the Federal Reserve's current stance on interest rate hikes?

• They are in a hurry to raise rates.

• They are waiting for more data before deciding.

• They have decided not to raise rates at all.

• They plan to cut rates soon.

What change might the Fed consider regarding their press conferences?

• Holding them less frequently.

• Only holding them in December.

• Holding them at every policy meeting.

• Canceling them altogether.

What do Fed funds futures suggest about a rate hike by early May?

• It is almost certain.

• It is highly unlikely.

• It is a 50/50 chance.

• It is already decided.

How does the Fed view the risk of inflation according to the January Minutes?

• There is a modest risk of inflation.

• Inflation is not a concern at all.

• There is a high risk of inflation.

• There is no risk of inflation.

How does the Fed's approach to rate hikes compare to driving?

• They are taking the foot off the gas pedal gradually.

• They are accelerating quickly.

• They are driving in reverse.

• They are hitting the brakes hard.