BNY Mellon's Meskin Says Look at Credit Quality

The video discusses the economic risks posed by the banking sector and inflation, highlighting the Fed's perspective on these issues. It explores how inflation affects corporate pricing and margins, and the potential impact on credit ratings and hiring. Upcoming CPI data and bank earnings are analyzed for their implications on credit quality and funding needs. The Fed's challenges in managing inflation expectations and interest rates are discussed, along with strategies for long-term interest rates and quantitative tightening.

In what ways could the Fed's prolonged high rates impact inflation expectations?

What challenges does the Fed face in balancing interest rates and economic stability?

How does the disconnect between the banking sector and the real economy manifest?