BofAML's Morriss Sees Fed Rate Hike in Dec.

What is the expected timing for the first Fed rate hike according to the transcript?

• March 2018

• December 2017

• September 2017

• June 2018

What is the Fed's view on the current state of inflation?

• Inflation is expected to rise significantly

• Inflation is not a concern

• Inflation is seen as transitory

• Inflation is expected to fall further

Which economic concept is linked to the Fed's inflation expectations?

• The Phillips Curve

• The Lorenz Curve

• The Laffer Curve

• The Kuznets Curve

What is the bond market's reaction to central bank policies?

• Ignoring policy changes

• Preparing for policy unwinding

• Expecting more extraordinary measures

• Focusing on short-term gains

What is the ECB expected to do in the near future?

• Start unwinding extraordinary policies

• Increase interest rates

• Maintain current policies

• Introduce new stimulus measures