Nomura's Goncalves Expects Two Fed Rate Hikes in 2017

The transcript discusses the economic outlook and the expectation of rate hikes based on economic data rather than political influences. It highlights the strategic assessment of economic conditions, emphasizing the importance of inflation and unemployment. The discussion also covers fiscal policy measures, potential rate adjustments, and the impact of changes in Fed leadership on future rate hikes.

What factors are the expectations of rate hikes based on?

How did the speaker describe the economic recovery over the past seven years?

What does the speaker suggest about the relationship between inflation and employment?

What are the potential risks mentioned regarding fiscal policy measures?

What uncertainties are associated with the changing leadership of the Fed?