Ira Jersey: We’ll Get Three Rate Hikes This Year

The video discusses the actions of major central banks, focusing on the Federal Reserve and the European Central Bank (ECB). It highlights the Fed's cautious approach to interest rate hikes amid uncertainty about fiscal policies under the Trump administration. The ECB's potential shift in its quantitative easing program is also examined, along with its impact on the euro and bond markets. The video concludes with projections for currency movements and bond yields, considering the influence of central bank policies.

What might cause the Federal Reserve to accelerate its rate hikes?

• A decrease in inflation

• A decline in the stock market

• A stronger euro

• Faster growth and higher inflation projections

Why is the Federal Reserve likely to be cautious in its approach?

• Because of a strong euro

• Due to high inflation rates

• Because of the full impact of Trump's policies

• Due to clear fiscal policies

What is the current core inflation rate mentioned in the transcript?

• 2.5%

• 2.0%

• 1.7%

• 1.5%

What could be a market reaction if the ECB hints at ending QE in 2018?

• Higher yields in European bond markets

• A weaker euro

• Lower yields in German bonds

• A stronger dollar

What might happen to the euro if the ECB scales back its QE program?

• The euro could remain stable

• The euro could strengthen

• The euro could become volatile

• The euro could weaken significantly