JP Morgan's White: Core Inflation To Stay Sticky

The video discusses the ongoing fight against inflation, focusing on the labor market, core inflation, and goods prices. It highlights the bond market's volatility and the role of Treasury protected instruments in providing inflation protection. The economic cycle's next phase is expected to show limited growth, with medium-term yields likely to decrease. The video also contrasts headline and core inflation, emphasizing the Fed's focus on core services excluding rents.

What role do TIPS play in an investment portfolio according to the conversation?

What concerns does the Fed have regarding core inflation and consumer spending?