Yellen's Best Guess Is Soft Inflation Won't Persist

The video discusses the final meetings of Vice Chairman Fischer and Chair Yellen's views on inflation. It introduces the Group of 30, a gathering of global policymakers, and highlights its new transparency. The global economic outlook is positive, though concerns remain about politics and inflation. Central bankers share a positive outlook but lack coordinated action, with the Fed planning to raise rates while the ECB and Japan maintain their policies.

What was Janet Yellen's expectation regarding inflation for the next year?

What is the significance of the 'Group of 30' meetings mentioned in the text?

How did the central bankers feel about the global economy during the meetings?

What concerns were raised regarding the US and Japan's economic situations?

What was the general outlook of the central bankers regarding coordination in their actions?