Trump, GDP, and the Federal Reserve's Rate Path

The video discusses market confidence in the Fed's interest rate hikes, influenced by political factors like Trump's stance. It examines the Fed's 2017 outlook, labor market conditions, and economic growth. The analysis highlights discrepancies between public and private interpretations of economic data, particularly in the labor market. The video concludes with a discussion on wage growth and economic challenges, emphasizing the impact of interest rates and currency movements.

What challenges does the Fed face in achieving its rate hike goals?

In what ways does the current labor market differ from the Fed's expectations?