Two Fed Hikes in 2017 and 2018: JPMorgan's Chang

The transcript discusses the Federal Open Market Committee (FOMC) officials' perspectives on interest rates and the potential impact of the Trump administration's policies on the economy. It highlights the importance of the dollar's strength and its effect on growth forecasts. The discussion also covers the Federal Reserve's response to economic changes, the potential for policy shifts, and the future composition of the Fed under the Trump administration.

What is the expected impact of tax cuts and infrastructure programs on the economy as discussed in the text?

How does the uncertainty surrounding the Federal Reserve's future composition affect market expectations?