Inflation Stays Tame With U.S. Core Consumer Prices Unchanged

The video discusses the current state of the economy, highlighting issues with trade and imports. It analyzes recent CPI data, noting a flat core rate and a significant rise in gasoline prices. The transcript explains how past deflationary trends are affecting current inflation calculations. It also covers future inflation expectations, with experts predicting a rise by the end of the second quarter. Jay Powell's upcoming address is mentioned, emphasizing that current inflation concerns are temporary and related to base effects and supply shortages.

What factors are contributing to the expected rise in inflation?

What is the Federal Reserve's stance on long-term inflation concerns?