Jim Bianco Looks for Trump to Bring Business Back to Fed

The transcript discusses the shift in market focus from parsing Federal Reserve officials' words to monitoring the Trump administration's actions. It speculates on the future of the Fed's leadership, suggesting a return to appointing successful business leaders rather than economists. The potential impact of this shift on regulation and monetary policy is explored, including a possible reduction in regulatory burdens and a reevaluation of quantitative easing and other policies.

What is the market's current expectation regarding the Federal Reserve's rate hikes?

• The market expects a rate cut in the next meeting.

• The market does not expect any rate hikes for several months.

• The market expects a rate hike every month.

• The market is uncertain about future rate hikes.

What is a significant concern regarding the Federal Reserve's leadership in 2018?

• The possibility of Janet Yellen continuing as Fed chairman.

• The Fed's decision to increase interest rates.

• The Fed's focus on international markets.

• The appointment of a new Fed chairman by the Trump administration.

According to the discussion, what type of individuals might the Trump administration prefer for the Federal Reserve?

• Economists from leading universities.

• Politicians with financial backgrounds.

• International financial experts.

• Successful businesspeople, bankers, and lawyers.

What shift in focus is anticipated with new leadership at the Federal Reserve?

• A continuation of current regulatory practices.

• A focus on international economic policies.

• A shift towards supporting smaller and regional banks.

• Increased attention to large banks and corporations.

What is one of the potential changes in monetary policy discussed?

• Increasing the size of the Fed's balance sheet.

• Reevaluating the effectiveness of quantitative easing.

• Implementing stricter regulations on small banks.

• Continuing with the current quantitative easing policy.