Cameron Watt: Two Fed Hikes at Minimum in 2017

The transcript discusses the transition from accommodative to less accommodative monetary policies, focusing on Fed rate hikes and their implications. It also covers infrastructure spending under Trump's administration, interest rates, inflation expectations, and the impact of Brexit on central banks. The discussion highlights the divergence in monetary policies between the US and UK, and anticipates future actions by the ECB.

What has been the monetary policy stance over the past seven years?

• Highly restrictive

• Incredibly accommodative

• Moderately restrictive

• Neutral

What is a major challenge in implementing infrastructure spending under Trump's plan?

• Lack of public support

• Opposition from the Senate

• Immediate availability of funds

• Legislative hurdles and time delays

What is the expected number of Fed rate hikes for the next year according to the discussion?

• Two

• One

• Four

• Three

How has the post-Brexit economic scenario differed from initial expectations?

• It has been worse than expected

• It has been better than expected

• It has been unpredictable

• It has matched expectations

Which central bank is expected to make a significant policy announcement in December?

• Bank of Japan

• European Central Bank

• Bank of England

• Federal Reserve