BofA Merrill's Cabana Sees Inflation Gradually Picking Up

The video discusses key economic themes for 2018, focusing on inflation expectations and central bank policies. Mark Cabana from Bank of America, Merrill Lynch, shares insights on potential inflation increases and wage pressures in the US. The discussion also covers global central bank policies, including the Fed's rate hikes and the ECB's asset purchase strategies, with a focus on potential impacts from Japan's monetary policy adjustments.

What is Mark Cabana's expectation for inflation in 2018?

• Stable inflation

• Runaway inflation

• Deflation

• Gradual increase in inflation

Which factor is NOT mentioned as influencing inflation in the second section?

• Wage pressures

• Global oil prices

• Idiosyncratic factors

• Base effects

What is the expected impact of a strengthening labor market on wage pressures?

• Increase in wage pressures

• Wage pressures will fluctuate

• No change in wage pressures

• Decrease in wage pressures

How many rate hikes does the Fed anticipate in 2018 according to the final section?

• One

• Three

• Four

• Two

What potential risk is associated with Japan's monetary policy?

• Increase in asset purchases

• Paring back of QE program

• Introduction of negative interest rates

• Strengthening of the yen