Robertson Stephens' Garretty on US Inflation

The video discusses the current trends in CPI and their implications for inflation, highlighting the role of shelter costs. It includes insights from Fed officials on interest rates and the Fed's cautious approach due to a tight labor market. The discussion also covers expectations for the terminal rate and its market impact, as well as the effects of quantitative tightening on liquidity and financial stability.

What are the main trends in inflation as discussed in the text?

How does the concept of 'imputed rent' relate to the CPI and inflation?

What stance does the Federal Reserve seem to be taking regarding interest rates?

What is the significance of the employment sector in relation to inflation data?

How might the recent inflation data affect expectations for the terminal rate?

What concerns are raised about quantitative tightening and its impact on financial stability?

What challenges do banks face in the current regulatory environment as mentioned in the text?