Rieder Says Fed Has Done Good Job With Communicating

The transcript discusses the Federal Reserve's communication strategy and its impact on employment dynamics and market reactions. It highlights the significance of core PCE readings and their implications for market expectations regarding interest rate hikes. Additionally, the discussion covers the influence of commodity trade on global growth and interest rates, noting the recent softness in economic data but maintaining a positive outlook on global growth trends.

What is the significance of core PCE in the context of the Federal Reserve's targets?

How does the speaker assess global economic growth in relation to the U.S. economy?