Equity Correction Coming, but Not Imminently, Says Manulife's Greene

The video discusses the disparity between earnings growth and economic growth, suggesting that equity markets may face a correction. It highlights the short-term benefits of economic stimulus, while noting potential future challenges such as a fiscal cliff in 2020. The discussion also covers the Federal Reserve's rate hike outlook, pointing out market misconceptions about inflation and growth. The Fed's future forecasts may suggest slight increases in inflation and adjustments in unemployment rates, but these changes are not expected to significantly impact the overall economy.

How does the speaker view the relationship between inflation expectations and the Fed's ability to hike rates?

What revisions to the Fed's forecasts are anticipated at the June meeting according to the text?