Morning Meeting: Trump and the Fed

The video features Ward McCarthy discussing potential changes in the Federal Reserve Board under the Trump presidency, including the impact of two open spots on the Fed board. It explores the implications of a less dovish FOMC, the effects of low interest rates on the economy, and the anticipated acceleration of inflation. McCarthy predicts economic growth and market volatility in 2017, driven by Trump's fiscal policies and the potential for faster rate normalization.

How does the speaker perceive the relationship between low rates and the US economy?

What are the expectations for inflation and growth in the context of the Trump presidency?