Fed's Kashkari Says He's Open Minded on Size of March Hike

The transcript discusses recent aggressive rate changes and the importance of the upcoming March meeting, where decisions on whether to raise rates by 25 or 50 basis points will be made. The speaker emphasizes the significance of the dot plot in signaling future monetary policy and reviews December's projections, noting a strong jobs report and higher-than-expected inflation. The speaker leans towards further rate increases but highlights the importance of upcoming data in finalizing decisions.

What does the speaker mean by being 'hawkish' in the context of monetary policy?

What are the potential implications of raising rates by 25 or 50 basis points?