What to Expect From November's CPI Report

The transcript discusses the Federal Reserve's challenges with persistent inflation, which remains above the 2% target. It explores the Fed's potential actions, such as maintaining or pausing interest rate hikes. The conversation also covers economic indicators, including unemployment data, and their implications for future monetary policy. The analysis includes predictions on core inflation and the Fed's divided stance on next steps.

What is the current challenge the Fed is facing with inflation?

• Inflation is below the target.

• Inflation is exactly at the target.

• Inflation is above the target.

• Inflation is not a concern.

What would a 3/10 increase in inflation data signify?

• A decrease from previous months.

• No change from previous months.

• The highest in seven months.

• The lowest in seven months.

How might the recent unemployment rate affect the Fed's decisions?

• It will have no impact on the Fed's decisions.

• It will likely lead to an increase in rates.

• It might drive a rate cut in December.

• It will cause the Fed to stop monitoring unemployment.

What was the recent unemployment rate mentioned?

• 3.5%

• 5.0%

• 4.0%

• 4.2%

Who provided insights on the impact of the unemployment rate on the Fed's decisions?

• Jerome Powell

• Janet Yellen

• Mohamed El Erian

• Ben Bernanke