What the Fed Needs to See to Hike Interest Rates

The video discusses the Federal Reserve's criteria for raising interest rates, emphasizing the need for economic expansion, stable financial markets, and decreasing unemployment. It highlights the importance of strong economic data, including payroll reports, GDP, and inflation, for a potential rate hike by September. The Fed's current view is that growth is satisfactory and the labor market is tightening, but they remain cautious due to low inflation expectations. The Fed signals that while inflation expectations are low, they are not declining further, indicating a positive trend.

What are the current trends in inflation according to the Fed?

What signals did the Fed give regarding inflation expectations?