In what ways does the speaker suggest that the economic landscape has changed under Trump's influence?
JPM's Bell: Potential for Four Fed Rate Hikes in 2017
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The transcript discusses Donald Trump's potential influence on monetary policy, including expectations of rate rises and the role of fiscal policy. It speculates on Janet Yellen's successor and the independence of the central bank under Trump's administration. The conversation also touches on the economic impact of fiscal policy, comparing the US and Europe.
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What challenges does the Federal Reserve face in implementing monetary policy as discussed in the text?
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