Harrison: Hawkish Fed Stance Would Be a Surprise

The video discusses the Bank of Japan's (BOJ) yield target and its effects on global markets, highlighting the stability provided by the BOJ and the European Central Bank (ECB). It also examines the Federal Reserve's (Fed) rate hike plans for 2017, market reactions, and the Fed's focus on downside risks. The potential impact of Donald Trump's economic policies on future Fed actions is also considered.

What factors are influencing the Bank of Japan's yield target?

How do inflation expectations affect the Bank of Japan's policies?

What role do the ECB and BOJ play in the current economic environment?

What are the market's expectations regarding the Federal Reserve's rate hikes?

How might Donald Trump's economic policies impact the Federal Reserve's decisions?