Pimco's Fels: Central Banks Are a Source of Volatility

The video discusses the current state of inflation, the Fed's outlook, and the impact of recent ECB meetings on bond yields. It highlights the role of central banks in market volatility and speculates on a new financial regime. The Fed's strategy towards a potential rate hike in December is also examined, focusing on financial conditions and communication strategies.

What concerns do investors have regarding central banks' policies?

What changes might the Bank of Japan consider regarding its bond purchases?

How might the Fed communicate its intentions regarding interest rates in December?