Subdued CPI Seen Supporting Fed 'Skip'

The video discusses the impact of CPI numbers on the FOMC meeting, highlighting the importance of the CPI report, commodity prices, and the concept of Super Core. It examines market expectations and the Fed's stance on wages as a driver of inflation. The video concludes with insights into inflation expectations and their influence on economic decisions.

What does the speaker suggest about the Fed's view on wages as a driver of inflation?

How do near-term and longer-term inflation expectations differ according to the New York Fed's survey?