Lockhart Says Fed Has Room to Raise Rates This Year

The transcript discusses the Federal Reserve's recent rate hikes and the economic outlook, emphasizing a gradual path for policy tightening. It explores the impact of fiscal policy on Fed decisions, particularly in light of the Trump administration's challenges with healthcare reform. The discussion includes projections for future rate moves, with a focus on economic growth and inflation trends. The Fed's satisfaction with current inflation levels and the potential risks of being behind the curve are also analyzed.

What are the expectations for future interest rate moves in 2017?

What is the Fed's target for inflation, and how close are they to achieving it?

How does the Fed assess the risk of being behind the curve regarding inflation?