It's Time to Revisit Weak Dollar Assumptions, DWS Says

The transcript discusses the impact of President Biden's $2 trillion proposal on market yields and the dollar, linking it to the tapering discussion and the Biden administration's influence. It highlights market reactions and anticipates Jerome Powell's response to these developments. The transcript also outlines upcoming economic events, including Biden's aid plan presentation and the swearing-in of the U.S. Treasury Secretary, which could influence future economic policies.

What event is mentioned as a signal for the Fed regarding the Biden administration's influence?

• The swearing-in of the U.S. Treasury Secretary

• The announcement of the $2 trillion stimulus

• The Democrats winning the Georgia Senate elections

• The inauguration of President Biden

What is the main concern regarding the $2 trillion stimulus package?

• It will have no impact on the FX market

• It might lead to a decrease in treasury yields

• It could change the equation for the Fed

• It will strengthen the U.S. dollar bearish consensus

What is Jerome Powell expected to address in his response?

• The details of Biden's aid plan

• The recent inflation data

• The tapering discussion

• The swearing-in of the U.S. Treasury Secretary

Which Fed officials are mentioned as having commented on the market's reaction?

• Clarita and Brainard

• Yellen and Powell

• Mnuchin and Trump

• Biden and Harris

What is the anticipated role of the U.S. Treasury Secretary in the coming weeks?

• To lead the tapering discussion

• To announce new interest rates

• To be sworn in and influence economic policy

• To present the aid plan