Aberdeen's Hickmore Says Fed Is Already Behind the Curve

The video discusses the Federal Reserve's strategy for rate hikes, market reactions, and inflation expectations. It covers the Fed's alignment with market expectations, the impact of fiscal policies, and the debate on labor market slack. The discussion includes predictions for future rate hikes and their implications for the economy.

What are the implications of the Fed being behind the curve in terms of interest rates?

How does the expectation of inflation influence the Fed's decision-making process?

What factors could lead to a reassessment of the natural real rate of interest?

In what ways might fiscal stimulus from the Trump administration affect the Fed's policies?

Discuss the potential impact of wage increases on inflation and the economy.