We Expect Another Rate Hike in 2018, Says Mainstay Capital's Kudla

The transcript discusses the Federal Reserve's plans for rate hikes, considering the impact of tariffs and oil prices on the economy. It highlights the potential for three rate hikes in 2019, despite market pricing for only two. The discussion also covers the effect of high oil prices on global growth and the unexpected rise in U.S. consumer confidence, despite ongoing trade tensions. The overall sentiment is that while tariffs and oil prices could alter economic forecasts, current data shows resilience in consumer and business sentiment.

How do tariffs potentially affect US growth as mentioned in the text?

What factors are influencing the outlook for rate hikes according to the text?

What is the expected impact of oil prices on the economic outlook?

What was the recent trend in U.S. consumer confidence as discussed in the text?

What is the significance of the data regarding GDP and consumer sentiment mentioned in the text?