Real Vision’s Jamie McDonald explains that it’s still as crucial as ever to understand what motivates and informs the Federal Reserve and its decision-making. Right now, the strong labor market is central to that process. Elevated interest rates appear to be with us for a while, so is now a good environment to buy bonds? Or, should we be looking at commodities as the safer play in a more inflationary environment? Recorded on January 24th, 2023.