BMO's Gallo Sees Yellen Worried About Market Expectations

The video discusses the uncertainty surrounding Trump's economic plan and its impact on market expectations, particularly regarding rate hikes by the Fed. It explores how fiscal policy changes could affect productivity and investment, with potential positive outcomes for the economy. The discussion also covers economic growth prospects, the likelihood of rate hikes, and the impact of fiscal changes on the dollar. Finally, it examines the implications of tax reform on SMEs and the broader economy, emphasizing the need for regulatory relief to stimulate growth.

What concerns did Yellen express regarding market expectations for March and rate hikes from the Fed in 2017?

How might Trump's trade policies affect companies' willingness to invest?

What is the significance of the core PCE number in relation to the Fed's expectations?

In what ways could tax reform impact small and medium enterprises (SMEs) in the U.S.?

What are the potential consequences if the concerns of SMEs regarding regulation and taxation are not addressed?