Fed Preparing Us for 4 Hikes Next Year, Says DBS Bank's Baig

The transcript discusses the market's confusion over whether Powell's stance is hawkish or dovish, highlighting his steady rate hike strategy. It debates whether the Fed is ahead or behind the curve, considering factors like the labor market, oil prices, and tariffs. The discussion also covers structural and cyclical factors affecting inflation, with a focus on the Fed's response to these dynamics.

Discuss the potential risks of inflation as mentioned in the text.

What structural factors are keeping inflation rates down, and how might they be changing?