We Expect Another Rate Hike in 2018, Says Mainstay Capital's Kudla

The transcript discusses the Federal Reserve's plans for rate hikes, considering the impact of tariffs and oil prices on the economy. It highlights the potential for three rate hikes in 2019, despite market pricing for only two. The discussion also covers the effect of high oil prices on global growth and the unexpected rise in U.S. consumer confidence, despite ongoing trade tensions. The overall sentiment is that while tariffs and oil prices could alter economic forecasts, current data shows resilience in consumer and business sentiment.

What is the Federal Reserve's forecast for rate hikes in 2019?

• Three rate hikes

• One rate hike

• Two rate hikes

• Four rate hikes

How might tariffs affect the economic outlook according to the discussion?

• They could change the outlook

• They will have no impact

• They will lead to immediate growth

• They will only affect China

What is the current range of Brent crude oil prices mentioned in the video?

• $60-$70

• $80-$90

• $70-$80

• $90-$100

What is one of the reasons for the unexpected jump in U.S. consumer confidence?

• Decrease in oil prices

• Weak business sentiment

• Increase in tariffs

• Strong economic data

What is the potential impact of the trade war on U.S. GDP according to the video?

• A decrease of 1%

• No impact

• An increase of 0.5%

• A decrease of 0.1% to 0.3%