Girard: Fed Will Want Markets Fully Prepped for June Hike

The transcript discusses the Federal Reserve's strategy to prepare markets for potential rate hikes, particularly in June, considering the UK vote. It explores the likelihood of rate hikes in subsequent meetings if not in June, and the internal dynamics within the Fed, focusing on the divide between those prioritizing domestic versus global growth. The discussion highlights the Fed's cautious approach to avoid surprising markets negatively.

What is the significance of the UK vote in relation to the Fed's decision-making?

How might global economic conditions affect US monetary policy according to the speaker?