Jefferies' Owen Says Fed May Not Raise Rates in December

The transcript discusses the potential reappointment of Janet Yellen as Fed Chair and the possibility of Gary Cohen being a contender. David Owen provides insights into the implications of these decisions, highlighting the uncertainty surrounding the Fed's future actions. The discussion covers expectations for interest rate hikes and balance sheet normalization, with a focus on the challenges faced by central banks in managing these processes.

What are the implications of Janet Yellen being reappointed as Fed chair?

What are the differing views on the future of interest rates among economists?

What factors might influence the decision on interest rates in December?

How does the normalization of the balance sheet process affect interest rates?

What role does the Federal Reserve play in managing economic conditions?