AxiTrader's McKenna Sees Five Fed Hikes Through 2018

The transcript discusses market predictions, focusing on interest rate hikes by Goldman Sachs and the RBA's stance. It explores factors affecting inflation, such as technology and globalization, and their impact on the Phillips Curve. The discussion also covers the Aussie dollar's outlook, considering economic pressures and potential RBA actions.

What is the predicted number of interest rate hikes by Goldman Sachs between now and the end of next year?

• 5 hikes

• 3 hikes

• 2 hikes

• 7 hikes

What is one reason mentioned for the lack of inflation in the USA?

• Rising interest rates

• Increased consumer spending

• Globalization

• High unemployment rates

How might rising oil prices affect the economic outlook?

• Stabilize the economy

• Have no impact

• Decrease inflation

• Increase inflation

What is the RBA's likely action regarding interest rates given the current economic conditions?

• Hold rates steady

• Eliminate rates

• Cut rates

• Increase rates

What concern does Wayne Byers express about the Australian economy?

• Low consumer confidence

• Strong property market

• Rising inflation

• High debt levels