Fed's Next Move Probably Should Be a Hike, Says Jim Bianco

The transcript discusses the Federal Reserve's potential rate decisions, debating between a cut, hike, or no move. Chairman Powell's mention of a pause suggests future moves, while the concept of a neutral rate is explored. The discussion highlights the political implications, particularly President Trump's opposition to rate hikes, and the challenge of balancing economic and political pressures.

According to the speaker, what is the current state of economic restraint?

What concerns does the speaker express about President Trump's reaction to potential rate hikes?