BNP's Howard Expects Fed to Skip a Rate Hike

The video discusses inflation indicators such as wages and headline numbers, and whether the Fed can consider its job done. It highlights a trend of decelerating job growth and moderating wage growth, suggesting the Fed might skip rate hikes. Market reactions indicate a reduced likelihood of imminent hikes, with potential cuts expected next year.

What is the likely inflation print expected tomorrow according to the discussion?

How does the current job growth trend relate to wage growth according to the speaker?

What does the term 'skip' refer to in the context of the Federal Reserve's actions?

What indications are the markets giving regarding the likelihood of imminent Fed hikes?

What is the speaker's view on the timing of potential cuts by the Fed?