Moec: Fodder for Hawks and Doves Alike in the Fed

The video discusses the current state of inflation in the Eurozone and the US, highlighting the Fed's cautious approach due to divided opinions within the FOMC. It also examines the normalization of inflation in the US and contrasts the current account deficits of the UK and US, noting the shift in global imbalances over the past decade.

What factors are influencing the current inflation situation in the Eurozone and the US?

Discuss the implications of the Fed's current stance on inflation expectations.

What are the potential risks associated with the current economic policies discussed?

How has the perception of inflation changed over the past year according to the discussion?

What is the significance of the current account deficit in the context of the UK and US economies?