Coutts' Kelemen Expects 2 Fed Hikes in 2019

The transcript discusses Jay Powell's recent comments on interest rates and the neutral rate range. It explores the potential for interest rate hikes in the US, market reactions, and broader economic concerns such as trade, G20 issues, and Brexit. The discussion highlights the possibility of two interest rate hikes next year, which is more than the market currently anticipates. It also examines the impact of Powell's comments on equities and bond yields, noting that other global issues may influence market stability.

What does the speaker suggest about the Fed's future actions regarding interest rates?

What external issues does the speaker believe could impact the markets beyond Powell's decisions?