Bank of Singapore's Jerram Sees Fed Rate Hike in March

The video discusses the Federal Reserve's potential rate hikes, with Richard Jerram suggesting an upside risk due to economic growth and inflation. Despite low wage growth, the unemployment rate is low, and tax cuts may stimulate the economy further. The transition to Jay Powell as Fed chair is expected to be smooth, with no major policy shifts anticipated. The Fed continues to operate in uncertain times, similar to previous cycles.

What is the main reason Richard Jerram believes there could be more rate hikes this year?

• The need to stabilize the stock market.

• The Fed's desire to decrease inflation.

• A significant drop in unemployment rates.

• The potential for growth to overshoot expectations.

Why is there an upside risk in the economy according to the discussion?

• Due to a decrease in consumer spending.

• Because of added stimulus to an already low unemployment rate.

• Due to the lack of tax reforms.

• Because of a high unemployment rate.

What is expected to happen as a result of the limited capacity left in the system?

• A rise in wages and inflation.

• A stabilization of interest rates.

• A decrease in inflation.

• An increase in unemployment.

What is the expected impact of Jay Powell's transition to head the Fed?

• A major shift in economic policy.

• Increased uncertainty in the market.

• Minimal disruption due to continuity.

• A more dovish approach to rate hikes.

How does the current tightening cycle compare to the previous one?

• It is much faster than the previous cycle.

• It is slower and more gradual than the previous cycle.

• It is identical to the previous cycle.

• It is more aggressive than the previous cycle.