Evercore ISI Chairman Sees Trump, Fed Tightening Conflict

The transcript discusses the Federal Reserve's potential actions in 2018, including the appointment of new members by President Trump and the likelihood of Kevin Wash becoming the next chairman. It debates the necessity of a monetary PhD for the role and examines market expectations for a March rate hike, influenced by economic data like CPI and PPI. The conversation also touches on the probability needed for a rate hike and personal reflections on serving in Fed roles.

What are the potential conflicts between President Trump and the Fed regarding monetary policy?

Discuss the significance of the inflation numbers like CPI and PPI in the context of the Fed's actions.