Oxford's Magnus Sees Slow Creep of U.S. Inflation

The transcript discusses the need for a change in inflation regimes, highlighting the slow rise in the Fed's preferred inflation measure and potential risks from global trade disruptions. It compares international inflation trends and examines central banks' strategies in response to inflation. The discussion also touches on the FOMC's shift from data dependency to a more strategic approach.

What is the significance of nominal growth for companies and central banks?

How might the Federal Reserve's approach to inflation change according to Janet Yellen's testimony?