Why the Inflation Soft Patch Might Last a Bit Longer

The video discusses the differences between CPI and PPI, highlighting PPI's volatility and its focus on goods compared to CPI's service dominance. It projects weaker inflation outcomes, with energy prices potentially dragging down CPI. The Fed's perspective on inflation is explored, noting the lack of wage pressures and the impact of a weaker dollar. The discussion concludes with the Fed's belief in transitory impacts on inflation, despite ongoing core inflation deceleration.

What does the PPI indicate about the volatility compared to the CPI?

What projections does the team have for the upcoming inflation outcomes?

How do energy prices affect the CPI according to the text?

What is the significance of the weaker dollar in relation to the CPI?

What does the speaker suggest about the core inflation trend?