Cornertsone's Perli Focus on the Fed

The video discusses the Federal Reserve's current dovish stance on monetary policy, focusing on asset purchases and the open-ended nature of quantitative easing (QE). It highlights the Fed's goal of achieving 2% inflation but notes a lack of clarity on how this will be achieved. The role of fiscal policy in potentially influencing inflation is considered, though it is seen as a short-term solution. The discussion also touches on global inflation challenges, emphasizing that low inflation is a structural issue affecting multiple economies, not just the US.

What is the general tone of the guidance provided by the Fed regarding asset purchases?

What does the term 'substantial progress' refer to in the context of the Fed's objectives?

What challenges does the speaker identify regarding achieving a 2% inflation rate?

How does the speaker view the relationship between fiscal policy and inflation?

What structural issues are mentioned that keep inflation below target levels?