Phelps: Inflation Expectations Moving up From Low Base

The video discusses the current state of inflation, focusing on oil prices and central bank policies. It highlights the expected rate rise in the US and its limited impact on inflationary expectations. The discussion also covers the deflationary forces and the slight inflationary pressures from the service sector. The impact of the Federal Reserve's policies on emerging markets is analyzed, considering the potential for interest rate adjustments. The video concludes with a look at global economic challenges, including excess savings, debt, and capacity, which may limit bond yield increases.

What are the central bankers' views on inflation related to oil prices?

How do inflationary expectations appear to be changing according to the text?

What is the significance of the term 'Goldilocks' in the context of emerging market assets?

What challenges does the text suggest the economy might face in the near future?

What factors are mentioned that could limit how far bond yields can go?