Deutsche Bank Sees 2 to 3 Fed Hikes in Next 12 Months

The video discusses the Federal Reserve's projected interest rate hikes, emphasizing that the market expects these changes. It highlights the need for the Fed to act on rising wages to avoid falling behind market expectations. The discussion also covers the Fed's communication strategy to prevent market surprises and avoid a taper tantrum scenario.

What is the significance of the 'wage price spiral' mentioned in the text?

How does the speaker compare the current communication from the Fed to past practices under Greenspan and Volcker?