Macquarie's Nizam Sees 'Tricky' Fed Rate Outlook in 2018

The transcript discusses the potential for multiple rate hikes by the Fed, despite uncertainties in inflation. It highlights the transition in Fed leadership and its implications for future policy. The discussion also covers the impact of tax reform on the economy, noting it as a significant legislative victory for the Trump administration. The potential influence of these reforms on monetary policy and the US dollar is analyzed, with a focus on the December FOMC meeting and the associated dot plots.

What are the expectations regarding the number of rate hikes by the end of 2018?

How does the speaker view the current state of inflation and its impact on the Federal Reserve's decisions?

What concerns does the speaker express about the dot plots expected from the December FOMC meeting?

In what ways does the speaker believe tax reform could influence monetary policy?

What significance does the speaker attribute to the tax reform bill passed through the House?