What the Fed Minutes Signal About Future of Rate Hikes

The transcript discusses the Federal Reserve's focus on inflation, emphasizing the need for a restrictive policy stance to manage risks. It highlights concerns about economic growth and employment, noting potential increases in unemployment. The Fed's strategy involves ongoing rate hikes, with a consensus on a 75 basis point increase. Global monetary policy impacts are briefly mentioned, with a focus on cooperation among central banks to avoid excessive tightening.

What was mentioned about the pace of rate increases in the future?

What concerns were raised regarding the global ramifications of US monetary policy?