There Is a Risk Fed Independence Gets Eroded Over Time, Says Quilvest's Parker

The transcript discusses the Federal Reserve's potential rate hikes and its independence amidst President Trump's influence. It suggests that while the Fed is likely to raise rates in September and December, the frequency of hikes in 2019 may be less than anticipated. The bond market's reaction is seen as a measure of Fed independence. Additionally, the transcript covers the dollar's performance, noting low volatility in major currencies but pressure on emerging markets. The dollar is expected to trade within a range before potentially reversing its strength in 2019.

What is the speaker's opinion on the current state of the dollar rally?

What does the speaker predict about the trend of dollar strength going into 2019?