Macquarie's Nizam Sees 'Tricky' Fed Rate Outlook in 2018

The transcript discusses the potential for multiple rate hikes by the Fed, despite uncertainties in inflation. It highlights the transition in Fed leadership and its implications for future policy. The discussion also covers the impact of tax reform on the economy, noting it as a significant legislative victory for the Trump administration. The potential influence of these reforms on monetary policy and the US dollar is analyzed, with a focus on the December FOMC meeting and the associated dot plots.

What is the expected number of rate hikes by the Federal Reserve by the end of 2018?

• One

• Two

• None

• Three or four

What is the main concern regarding inflation according to the transcript?

• Inflation is too high

• Inflation is too low

• Inflation is stable

• Uncertainty in the direction of inflation

How does the tax reform plan propose to change corporate tax rates?

• Increase from 35% to 40%

• Increase from 20% to 35%

• Maintain at 35%

• Decrease from 35% to 20%

What is considered a significant legislative victory for the Trump administration?

• Healthcare reform

• Immigration reform

• Tax reform bill

• Environmental policy

What is the expected impact of tax reforms on monetary policy?

• Tightening of monetary policy

• Complete overhaul of monetary policy

• Loosening of monetary policy

• No impact