Moec: Fodder for Hawks and Doves Alike in the Fed

The video discusses the current state of inflation in the Eurozone and the US, highlighting the Fed's cautious approach due to divided opinions within the FOMC. It also examines the normalization of inflation in the US and contrasts the current account deficits of the UK and US, noting the shift in global imbalances over the past decade.

What has been the trend of core inflation in the Eurozone according to the transcript?

• Rapid increase

• Fluctuating wildly

• Stable between 0.7% and 1%

• Significant decrease

What is the Federal Reserve's current stance on inflation risk?

• They are aggressively raising interest rates.

• They are cutting interest rates.

• They are focusing on the glass half empty situation.

• They are ignoring inflation risks.

How has the perception of inflation changed in the US over the past year?

• Inflation is considered dead.

• Inflation is still not within the Fed's preferred range but is normalizing.

• Inflation is at an all-time high.

• Inflation is completely stable.

What is the current economic situation of the US in terms of the current account deficit?

• The US has a surplus.

• The US has a manageable current account deficit.

• The US has no current account deficit.

• The US has a large and unmanageable deficit.

What is the main source of global economic imbalance according to the transcript?

• US current account deficit

• UK current account deficit and Eurozone surplus

• China's trade policies

• Japan's economic policies