U.S. Inflation Reaches Six-Year High at 2.8%

The video discusses the current inflation trends, highlighting the slow-moving nature of core inflation and emerging cyclical pressures. It examines market reactions, particularly the sell-off across the curve, and analyzes medium to long-term inflation expectations. The discussion also covers the Fed's potential rate hikes, driven by faster-than-expected inflation and a tight labor market. Finally, it addresses global risks and the Fed's focus on domestic mandates, such as US inflation and the labor market.

What is the nature of core inflation as discussed in the video?

• Fast-moving and volatile

• Slow-moving and consistent

• Unpredictable and erratic

• Stable and unchanging

What is the significance of the sell-off across the curve mentioned in the video?

• It indicates a rise in short-term interest rates

• It suggests a flattening of the yield curve

• It shows a decrease in long-term inflation expectations

• It reflects an increase in market volatility

What is the main focus of the Fed's upcoming decision as discussed in the video?

• Whether to decrease interest rates due to inflation concerns

• How to manage the trade tensions with emerging markets

• Whether to increase interest rates three or four times this year

• How to stabilize the global financial markets

What is the expected core PCE inflation rate by the end of the year according to the video?

• 2.5%

• 3.0%

• 2.0%

• 1.5%

What is the current state of the labor market as mentioned in the video?

• It is stable with no significant changes

• It is showing signs of significant job losses

• It is as tight as it has been in 30 years

• It is experiencing high unemployment rates