Fed 'Absolutely' Could Get to 6% Rates: Stifel's Piegza

The video discusses the dynamics of oversupply and inflation, highlighting how high inflation might solve itself on the supply side but not on the demand side due to labor market imbalances. It explores the Federal Reserve's role in managing inflation and interest rates, emphasizing the challenges of predicting inflation's sticky nature and the potential need for a higher terminal rate.

What is the significance of the Fed's terminal rate in relation to inflation forecasts?

How has the Fed's forecast for inflation changed since March of last year?