Bank of Singapore's Aita: Don't See Sustained Inflation

The video discusses the current state of rates and inflation expectations, focusing on the University of Michigan's data. It predicts a rise in rates to 1.9% over the next 12 months due to growth, while considering inflation as temporary, driven by shortages and reopening demands. The video also examines specific inflation sources like second-hand cars and airfare, and how the market and Fed are responding, with no immediate tapering expected.

What is the Fed's measure for inflation mentioned in the text?

What does the speaker suggest about the Fed's approach to tapering?