Pimco's Bosomworth Says Fed Delivers Three Hikes in 2017

The video discusses the Federal Reserve's potential interest rate hikes, with experts predicting at least three hikes this year. The conversation covers the impact of these hikes on European yields, economic growth, and inflation. It also addresses market distortions caused by central banks and the challenges of normalizing policy rates amid global uncertainties.

What does Andrew Bosworth suggest about the normalization of policy rates?

What historical context does Andrew Bosworth provide regarding interest rates?