U.K. Inflation at Highest in Almost Two Years

The video discusses the current state of inflation in the UK and US, highlighting the impact of Brexit on UK inflation and consumer demand. It compares inflation measures like CPI and PCE in both countries, noting subdued wage momentum. The discussion also covers potential global economic concerns, drawing parallels with Japan's economic situation, and explores the possibility of inflation rising in the US due to housing market factors.

Discuss the potential long-term effects of subdued wage momentum on inflation.

What role do housing and rental vacancy rates play in inflation dynamics?