Fed Faces Diverging Inflation Metrics

The video discusses recent economic indicators, including the CPI and PPI, and their implications for the Federal Reserve's monetary policy. It highlights the mixed signals from consumer sentiment surveys and inflation expectations, which have left investors uncertain about future interest rate decisions. The video also previews upcoming Fed meetings and events, such as the FOMC minutes and the Jackson Hole symposium, where key economic directions may be outlined.

What were the changes in the five to ten year inflation outlook mentioned in the text?

What events are anticipated to provide more clarity on the Fed's direction regarding interest rates?