UBS's Fiotakis Sees Fed Delivering Less Than Expected

The video discusses fiscal policy decision-making involving the administration and Congress, focusing on the Federal Reserve's expected rate hikes. It analyzes inflation trends, break-even rates, and the impact of quantitative easing and tapering on bond yields and inflation. The discussion highlights the uncertainty in financial markets and the challenges in achieving sustainable inflation above 2%.

What is the current expectation of the Federal Reserve regarding interest rate hikes this year?

What is the significance of the term 'base effects' in relation to inflation?

How do oil prices affect inflation according to the text?

What indicators are mentioned that could show the tapering of quantitative easing?

According to the text, what is the current state of inflation in relation to reflation?