Could the Fed Surprise on a Rate Hike?

The transcript discusses the Federal Reserve's interest rate projections, market expectations, and the impact of the Trump election on economic policies. It analyzes economic growth, fiscal policy, and potential risks, highlighting the low recession risk for 2017 but potential challenges in 2018. Inflation expectations and their influence on market dynamics are examined, with a focus on oil prices and consumer expectations. The discussion also covers global financial conditions, including the ECB and BOJ's monetary policies, and their effects on interest rates and the banking sector.

How does the speaker perceive the relationship between oil prices and inflation?

What concerns are raised regarding the impact of negative rates on the banking sector?