Guggenheim's Minerd Says Fed Has No Choice But to Keep Raising Rates

The video discusses the Federal Reserve's adjustments in response to economic conditions, highlighting the tension between the Fed's rate hikes and the preference for low rates by the president. It explains that economic expansions don't end naturally but are influenced by the Fed's actions. The Fed's dual mandate of full employment and inflation control is examined, noting that both targets have been met, leading to continued rate increases.

What is the Fed's dual mandate as mentioned in the text?

What pressures are starting to come into the pipeline according to the discussion?