FTN's Low Says Yellen Is Convinced Inflation Picks Up

The video analyzes Janet Yellen's speech on inflation, emphasizing her confidence in rising inflation due to tight labor markets. It discusses the bond market's reaction to inflation indicators like CPI and PCE, highlighting unexpected trends in medical and housing prices. The video also explores cyclical inflation pressures and the Federal Reserve's role in influencing inflation through policy tightening.

What did Janet Yellen emphasize about the labor market's role in inflation?

• It has no impact on inflation.

• It will drive inflation down.

• It is irrelevant to inflation trends.

• It will help push inflation up.

What was the core CPI expected to do, according to the discussion?

• Drop below 1.0%

• Remain constant at 1.7%

• Decrease to 1.3%

• Increase beyond 1.7%

What was one of the surprising trends in medical prices?

• They increased significantly.

• They remained stable.

• They decreased unexpectedly.

• They fluctuated wildly.

How did builders respond to the shortage of apartments?

• By halting all projects

• By increasing rent prices

• By reducing construction

• By building more apartments

What is the effect of the Federal Reserve's tightening on inflation?

• It causes deflation.

• It slows down the inflation rise.

• It has no effect on inflation.

• It accelerates inflation rise.