How Likely Is a March Rate Hike?

The transcript discusses the protocol for discussing dollar policy, emphasizing that the Fed chair should focus on the dollar's impact on the economy rather than its value. It explores the diminishing effect of jawboning on currency markets and addresses concerns about economic instability and exogenous shocks. The conversation also covers predictions for Fed rate hikes and speculates on the outcomes of the March Fed meeting, considering factors like the debt ceiling and press conferences.

What is the proper protocol for discussing dollar policy according to the transcript?

• The Fed chair discusses the dollar's value.

• The President discusses the dollar's value.

• The President discusses the dollar's impact on the economy.

• The Fed chair discusses the dollar's impact on the economy.

What is the expected effect of jawboning on currency markets over time?

• It will have a greater impact.

• It will have less impact.

• It will cause instability.

• It will remain the same.

What is the main concern regarding the current administration's rhetoric?

• Stable economic growth.

• Increased trade opportunities.

• Decreased fiscal policy changes.

• New and surprising shocks.

What is the probability of a rate hike in March according to the transcript?

• 40%

• 35%

• 30%

• 50%

What external factor is mentioned as a concern for the Fed's upcoming meeting?

• Trade agreements.

• Debt ceiling discussions.

• Inflation rates.

• Employment statistics.