Credit Suisse: Rate Hike Shouldn't Be End of the World

The transcript discusses the potential for a rate hike by the Fed, considering the health of the US economy and global economic factors. It highlights the Fed's strategy of testing market reactions before announcements and the impact of global events like Brexit. The probability of a rate hike by December is debated, with a focus on the challenges posed by international economic conditions. Despite robust US economic data, global concerns, especially in Europe and China, complicate the decision for a rate hike.

What is the general market sentiment towards a rate hike by the end of the year?

• Certain rate hike before December

• No chance of a rate hike

• 50% probability of a rate hike

• High conviction for a rate hike

Which event caused a drop in rate hike expectations?

• Japan's monetary policy

• China's economic slowdown

• Brexit

• US elections

What is the expected earliest time for a rate hike according to the discussion?

• No rate hike expected

• Next year

• December meeting

• November meeting

What makes it difficult for the Fed to raise rates even by a small amount?

• Strong US dollar

• High inflation in the US

• Global economic conditions

• US wage growth

What contradiction did Stanley Fischer make in his comments?

• He supported a rate hike but mentioned poor growth

• He opposed a rate hike but praised economic growth

• He was neutral about the rate hike

• He did not comment on the rate hike