98% Chance of a Fed Hike This Week According to Poll

The transcript discusses the anticipated rate hike by the Federal Reserve, highlighting the market's expectation of a rate increase despite soft inflation. It explores the skepticism surrounding future rate hikes, particularly in September, due to the Fed's inflation outlook. The conversation delves into the Fed's policy statement, noting that inflation has been below the 2% target, and examines the perception that the Fed may not treat its inflation objective symmetrically. The discussion concludes with an analysis of investor concerns about the Fed's approach to inflation and interest rates.

What are the current odds of a rate hike this week according to the speaker?

Why do investors remain skeptical about the Fed's ability to raise rates?

What does the speaker suggest about the inflation outlook?

How has inflation been measured in relation to the Fed's 2% objective?

What risk does the speaker identify regarding the Fed's inflation objective?