Pimco's Clarida: Fed Aiming to End Hiking Cycle in Fall

The transcript discusses the potential for additional rate hikes by the Federal Reserve, considering market pricing and committee opinions. The chair has indicated that another hike is likely, though not necessarily in September. The aim is to complete any necessary hikes this year, partly to avoid the spotlight during an election year. Historical precedents of rate hikes in election years are mentioned, but the current cycle is expected to conclude in the fall.

What is the speaker's perspective on inflation and its impact on the Federal Reserve's decisions?

What historical context does the speaker provide regarding Fed hikes in election years?