BMO's Gallo Sees Little Impact on Dollar From Fed Hikes

The transcript discusses the strength of the US dollar, particularly in the Asian market, and the potential for a rate hike by the Federal Reserve in March. It highlights the importance of upcoming economic data releases in influencing the Fed's decision. The discussion also covers market predictions, the possibility of two or three rate hikes in 2017, and the impact of potential border tax legislation on the US dollar. The analysis suggests that minor tax code tweaks are expected, but significant reforms could lead to a stronger dollar.

How might border tax legislation affect the US dollar according to the discussion?

What is the speaker's view on the likelihood of wholesale tax code reform?