We Should Expect A Fed Rate Hike Soon, Says Derrick

The transcript discusses the Federal Reserve's rate hike projections for 2016, highlighting a shift from four to three expected increases. It examines the global economic perspective, the Fed's language, and market reactions. The discussion also covers the impact of risk aversion on currencies, particularly the euro and yen, and the moderation in the dollar's value. The market's confidence in the Fed's decisions and the potential for future rate hikes are also analyzed.

What factors are influencing the market's expectations regarding rate hikes?

How does the current rate hike outlook compare to other major central banks?