JPM's Bell: Potential for Four Fed Rate Hikes in 2017

The transcript discusses Donald Trump's potential influence on monetary policy, including expectations of rate rises and the role of fiscal policy. It speculates on Janet Yellen's successor and the independence of the central bank under Trump's administration. The conversation also touches on the economic impact of fiscal policy, comparing the US and Europe.

What is the expected number of rate rises discussed in the first section?

• Two

• Four

• One

• Three

Who is mentioned as a potential candidate for the Federal Reserve chair position?

• Mario Draghi

• Kevin Walsh

• George Osborne

• Janet Yellen

What is the main concern about fiscal stimulus in the US according to the third section?

• It might cause unemployment to rise

• It risks overheating the economy

• It will decrease the output gap

• It could lead to deflation

What is the role of Congress in Trump's fiscal policy plans?

• Congress has no role

• Congress must approve spending

• Congress sets the interest rates

• Congress manages the Federal Reserve

Why is fiscal stimulus considered unconventional in the current US economic cycle?

• Because of high unemployment

• Due to low inflation

• Due to a large output gap

• Because the US is at full employment