Crescenzi: Markets Hold Benign View of Fed Rate Path

The video discusses upcoming meetings and potential market changes, focusing on interest rates and global market expectations. It highlights the ECB and Bank of Japan's policies, which are expected to remain negative through 2021. The United States is expected to have a benign path with possible rate hikes. The discussion includes speculation on future rate hikes and market pricing.

What is the main focus of the upcoming November and December meetings?

• Inflation rates

• Interest rates

• Escape velocity in economic growth

• Breakout in the stock market

What is the expected policy rate trend for the European Central Bank through 2021?

• Negative

• Neutral

• Variable

• Positive

What extraordinary measure did the Bank of Japan take regarding its 10-year note?

• Increased the rate to 1%

• Removed the cap entirely

• Capped the rate at 0%

• Decreased the rate to -1%

What is the expected path for interest rates in the United States?

• Aggressive hikes

• Benign path with potential for one or two hikes

• Immediate cuts

• No changes expected

What could potentially happen if there is a market breakout in the United States?

• Interest rates will decrease

• Escape velocity will be achieved

• Inflation will rise

• Stock market will crash