Pantheon's Shepherdson Concerned About Inflation Risk

The transcript discusses the global economic growth, highlighting strong growth stories across industries and services. It addresses concerns about the tightening US labor market, potential inflation, and the Federal Reserve's response. The discussion includes the implications of wage growth on inflation and the role of the Federal Reserve in managing economic policy. The potential for rising inflation rates and the need for proactive policy measures are emphasized.

What is the main concern of the Federal Reserve regarding the current economic growth in the US?

• High unemployment rates

• Tightening labor market

• Decreasing global trade

• Increasing industrial output

How does the tightening labor market affect businesses according to the transcript?

• It reduces the need for new hires

• It increases the number of qualified applicants

• It results in higher wage inflation

• It leads to lower production costs

What is a significant factor driving the Consumer Price Index (CPI) according to the transcript?

• Tax policies

• Wage growth

• Global trade agreements

• Industrial output

What is the anticipated challenge for the new Federal Reserve Chair, Powell?

• Managing a declining economy

• Addressing high unemployment rates

• Handling inflationary pressures

• Increasing global trade

What is the expected trend for core inflation rates by next fall?

• They will fall below 1%

• They will rise above 2.5%

• They will decrease significantly

• They will remain stable