Good News on Economic Growth Is Not Over, Says CIBC's Donabedian

The video discusses the current economic outlook in the United States, focusing on unemployment rates and GDP growth. It predicts a decrease in unemployment and continued economic growth, albeit at a slower pace than previous quarters. The discussion then shifts to inflation concerns, highlighting the need for scrutiny of inflation indicators like PPI and CPI, and the potential impact of hiring shortages and wage pressures as noted in the Beige Book.

What indicators does the teacher mention that show some acceleration in inflation?

What specific themes is the teacher looking for in the Beige Book regarding the labor market?