U.S. Core Producer Prices Rise 2.3% in August From a Year Earlier

The video discusses the current state of inflation, noting a slight increase due to base effects, but still below the Federal Reserve's target. The Fed is concerned with both growth and inflation, leading to a dovish stance. The yield curve has steepened slightly, but economic data shows slowing trends, making significant changes unlikely. Global and US growth are both slowing, affecting economic forecasts.

What is the current core PCE year-over-year percentage mentioned in the video?

• 2.4%

• 1.2%

• 1.6%

• 2.0%

What is the main reason for the expected CPI increase?

• Increased consumer spending

• Base effects

• Higher interest rates

• Government policy changes

What is the Federal Reserve's target for inflation?

• 1.6%

• 2.0%

• 3.0%

• 2.5%

How has the yield curve changed recently according to the video?

• It has remained unchanged.

• It has steepened slightly.

• It has flattened significantly.

• It has inverted.

What is the current trend in global growth as discussed in the video?

• Reversing

• Slowing

• Stabilizing

• Accelerating rapidly