U.S. Moving to Inflation Overshoot, Strategist Shah Says

The video discusses the complexities of trade and inflation, focusing on the Federal Reserve's role in managing economic expectations. It highlights the challenges of inflation targeting, including price level and average inflation targeting, and considers historical and technological factors affecting inflation. The discussion includes insights from Fed officials and the potential risks of de-anchoring inflation expectations.

What are the challenges mentioned in forecasting inflation over a long period?

In what ways does the text suggest that historical inflation trends may differ from current expectations?