Three Must-See Charts About the Fed's Rate Hike Path

The video discusses the market's reaction to the Fed's decisions, highlighting the Fed's cautious approach and the low volatility following their actions. It explores Eric Rosengren's dissent and its potential reasons, including the impact of the election. The year ahead outlook is analyzed, with expectations of a rate hike in December and minimal tightening next year. The concept of euro dollar butterflies is explained, focusing on yield curve analysis and the lack of risk premium in the market.

What factors contribute to the cautious approach of the Fed as discussed in the text?

How does the market's expectation of a rate hike in December influence trading behavior?

Discuss the significance of the 'dots' mentioned in relation to the Fed's outlook for 2017.

What does the term 'euro dollar butterflies' refer to, and how is it related to the Fed funds target?

What does the current lack of risk premium in the markets indicate about traders' expectations?