Citigroup's Schulz Sees Inflation Pushing Two Fed Hikes

The video discusses US Treasury yields, inflation expectations, and the Federal Reserve's policy approach. It covers the impact of wage growth and potential tax changes on inflation, examines labor market dynamics, and compares US and European yields. The discussion highlights economic uncertainties and the Fed's cautious approach to policy adjustments.

What does the normalization of inflation expectations in the US indicate about the Federal Reserve's policy?

How do wage growth and consumer inflation relate to inflation expectations in the US?

What factors contribute to the current state of the labor participation rate in the US?

In what ways do domestic inflationary pressures in the US compare to historical levels?

What implications do rising headline inflation rates have for future interest rates?