Here's your summary from Fed Must Remain Data-Driven: Hagerty on Fed, Inflation (https://www.youtube.com/watch?v=SDbMh_wwUaU) on the Bloomberg Television channel:
**TLDR:** The video discusses the importance of the Fed remaining data-driven, Fed independence, and the regulation of the banking system.
1. Hagerty emphasizes the need for the Fed to remain data-driven and not succumb to political pressure to cut rates.
2. Fed independence is crucial to maintaining credibility and stability in the markets.
3. The discussion also touches on the regulation of the banking system and the potential impact of political changes on the U.S. relationship with allies in NATO.
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