What Yellen Admits She Doesn't Know About Inflation

The transcript discusses Janet Yellen's speech, highlighting two main layers: confidence in the current economic course and existential issues like the link between jobs and inflation. Yellen acknowledges potential global forces affecting inflation and the need for a replacement model if traditional ones are discarded. She explores the labor market as a global phenomenon and the impact of technology on retail margins.

How did Yellen's views reflect on the global nature of the labor market?

What challenges did Yellen mention regarding the retail landscape and technology?