Inflation Not a Sustained Problem for Years: Economist Rosenberg

The video discusses the current concerns about inflation, particularly in the context of Europe and the United States. It highlights the differences in inflation trends and the factors influencing these trends, such as the output gap and aggregate supply and demand. The speaker expresses skepticism about inflation becoming a sustained problem in the near future, despite recent market narratives and changes in yield curves. The video emphasizes that inflation is a process requiring continuous price acceleration, not just a one-time shift.

What is the speaker's forecast regarding inflation compared to the consensus view?

According to the speaker, what factors might lead to temporary cost pressures in the material sector?