BofA Merrill's Cabana Sees Inflation Gradually Picking Up

The video discusses key economic themes for 2018, focusing on inflation and interest rates. Mark Cabana from Bank of America Merrill Lynch shares insights on expected inflation trends and wage pressures, highlighting global challenges faced by central banks. The discussion covers potential policy shifts by the Fed, ECB, and BOJ, with an emphasis on gradual tightening and the impact on global markets.

What is Mark Cabana's expectation for inflation in 2018?

• Stable inflation

• Deflation

• Gradual increase in inflation

• Runaway inflation

Which factor is NOT mentioned as influencing inflation in the second section?

• Global oil prices

• Idiosyncratic factors

• Base effects

• Wage pressures

What is the expected impact of a strengthening labor market on wage pressures?

• Wage pressures will fluctuate

• Decrease in wage pressures

• No change in wage pressures

• Increase in wage pressures

How many rate hikes does the Fed anticipate in 2018 according to the final section?

• One

• Three

• Two

• Four

Which central bank is mentioned as potentially reducing its QE program?

• Federal Reserve

• Reserve Bank of Australia

• European Central Bank

• Bank of Japan