Fed Watch: What's Ahead for Rates in 2017?

The transcript discusses the Federal Reserve's position on economic indicators and the ongoing hiking cycle, considering the Trump administration's fiscal plans. It analyzes GDP forecasts, market reactions, and the potential for fiscal stimulus. The conversation highlights economic trends, comparing current conditions to the previous year, and addresses the challenges the Fed faces in predicting future economic conditions. The discussion concludes with the uncertainty surrounding the Fed's forward guidance and its impact on the markets.

What factors are influencing the Federal Reserve's decision on the hiking cycle?

• The current state of the economy and labor market

• The outcome of the presidential election

• The level of public debt

• The global oil prices

How might fiscal stimulus impact GDP forecasts according to the discussion?

• It could lead to higher GDP forecasts

• It will have no impact

• It will decrease GDP forecasts

• It will stabilize GDP forecasts

What is the market's current stance compared to the Fed's dots?

• The market is ignoring the dots

• The market is aligned with the dots

• The market is pricing below the dots

• The market is pricing above the dots

What is one of the main challenges for the Fed in predicting future economic conditions?

• Inaccurate inflation measures

• Lack of historical data

• Uncertainty about the recovery and fiscal policies

• Unstable global markets

What is Janet Yellen expected to do regarding forward guidance?

• Eliminate forward guidance entirely

• Pull back from forward guidance

• Maintain the current level of forward guidance

• Strengthen forward guidance