Westpac's Evans Says Fed Won't Move Again in June

The transcript discusses the Federal Reserve's potential rate hikes, focusing on Janet Yellen's views on the neutral rate and its impact on the economy. It compares the US and Australian labor markets and examines the implications of different central bank policies. The discussion also covers potential risks, such as asset bubbles, and the Fed's strategic approach to managing inflation and economic growth.

What factors contribute to the current state of inflation in the US compared to Australia?

How does the concept of asset prices differ between the US and Australia according to the discussion?

What is the significance of the 3% target mentioned in relation to the Fed's rate decisions?