Barclays Chief U.S. Economist Says Fed Skips March Hike

The video discusses the interplay between fiscal and monetary policy, highlighting how fiscal policy is currently leading, with monetary policy following. The Fed is cautious about preempting fiscal stimulus, and market reactions are influenced by expectations of fiscal policy changes. The discussion also covers the impact of fiscal policy on currency markets, particularly the US dollar, and the potential effects of different fiscal stimulus plans on trade and currencies.

What implications does the speaker suggest regarding the border adjustment tax and its effect on trade and currencies?

What concerns are raised about the different versions of fiscal stimulus proposed by Trump, the House, and the Senate?