Pinebridge's Redha Says Touch-and-Go on 2 or 3 Fed Hikes

The transcript discusses the lack of urgency in addressing inflation threats due to fiscal policy uncertainties, particularly under Trump's administration. It highlights market expectations for Fed rate hikes in 2017 and the impact of data versus fiscal policy on Fed decisions. The conversation also covers the divergence in monetary policies between the US and Europe, with a focus on the ECB's easing path and political pressures influencing its decisions.

What factors are contributing to the lack of urgency in the Minutes regarding inflation?

How does the speaker characterize Cherielynn's approach to fiscal policy?

What implications does the speaker suggest the Fed's direction has for fixed income versus other asset classes?

What are the potential risks associated with the ECB's policy decisions as mentioned in the text?

In what ways might political pressures influence the ECB's normalization of policy?