What to Expect From November's CPI Report

The transcript discusses the Federal Reserve's challenges with persistent inflation, which remains above the 2% target. It explores the Fed's potential actions, such as maintaining or pausing interest rate hikes. The conversation also covers economic indicators, including unemployment data, and their implications for future monetary policy. The analysis includes predictions on core inflation and the Fed's divided stance on next steps.

What does the term 'sticky' refer to in the context of the conversation about inflation?

Discuss the division among Fed officials regarding their next steps as mentioned in the text.