Fed's Bostic Sees Inflation Rising Over Next Year or Two

The video discusses current economic conditions, focusing on labor market trends and their impact on inflation. It highlights the tightening of labor markets and the potential upward pressure on wages. The analysis suggests an increase in labor force participation, especially in segments slow to recover post-recession. The discussion also covers the implications for inflation and the Federal Reserve's potential actions. The speaker emphasizes the importance of data-driven decisions in monetary policy, considering recent disruptions and data noise.

What is the speaker's perspective on the potential actions of the Fed in December?

What does the speaker mean by 'noise in the data'?