What's the Big Idea? The Fed Can’t Fight the Market

The video discusses the ongoing debate about the Federal Reserve's potential rate cuts, with a focus on market expectations and historical trends. Citigroup's analysis suggests that market predictions are often inaccurate, but there is a possibility that the bond market could be correct this time. Historical data shows that the Fed has typically followed market expectations for rate cuts. However, Citigroup is unique in not pricing in any rate cuts for 2019, contingent on a trade deal from the G20 meeting. If no deal is reached, the Fed may align with market expectations, leading to uncharted territory if it doesn't.

What is the main topic discussed regarding the Federal Reserve in the text?

According to Citigroup, how much are market expectations typically off from the Fed's actual policy outcome?

What does Andrew Hollemhorst suggest about the Fed's actions when interest rate cuts are priced in?

What is the potential risk mentioned regarding the market's expectations of easing in this particular case?

What condition does Citi mention that could lead to the Fed giving markets the expected cut?