UBS' Andersen: Fed Will Likely Move in June

The video discusses the Federal Reserve's dual mandate, focusing on employment and growth, and its cautious approach to rate hikes. It analyzes the stability of yields and the dollar, considering market expectations. The impact of global inflation on central banks like the Bank of England and ECB is explored, with a focus on potential rate hikes. The video also examines the movement of sterling post-Brexit and UK economic indicators. Finally, it provides an outlook on global equities, considering valuation metrics and earnings growth.

What is the Federal Reserve's dual mandate as discussed in the video?

• Full employment and price stability

• Economic growth and low inflation

• High employment and strong dollar

• Interest rate stability and GDP growth

What is the market's expectation for the dollar in 2017 according to the UBS point of view?

• The dollar will fluctuate unpredictably

• The dollar will weaken

• The dollar will remain stable

• The dollar will strengthen significantly

What is the expected movement of the sterling against the dollar as per the video?

• Sterling is expected to fluctuate

• Sterling is expected to weaken

• Sterling is expected to remain stable

• Sterling is expected to move higher

What is the current valuation metric for global equities mentioned in the video?

• Price-earnings ratio is not mentioned

• Price-earnings ratio is above the 30-year average

• Price-earnings ratio is at the 30-year average

• Price-earnings ratio is below the 30-year average

Despite stretched valuations, what factor is likely to keep equity prices on the move?

• Interest rate hikes

• Earnings growth

• Currency fluctuations

• Inflation rates