PGIM CEO Doesn't Expect Jump in Inflation Anytime Soon

The video discusses the uncertainty in markets due to the president's proposed tariffs on steel and aluminum imports. It explores how these tariffs could impact inflation, which has been low due to globalization. The discussion includes potential future inflation trends and interest rate hikes by the Federal Reserve. Despite concerns, the video suggests that significant inflation is unlikely in the near term due to strong global macroeconomic factors, such as the Amazon effect and demographic trends, which continue to exert downward pressure on prices.

What is causing uncertainty in the markets according to the first section?

• A sudden increase in oil prices

• The Federal Reserve's decision to lower interest rates

• The president's promise to impose tariffs on steel and aluminum

• The president's promise to reduce taxes

How has globalization contributed to low inflation in developed countries?

• By increasing the cost of goods

• By reducing the availability of jobs

• By allowing access to lower-cost goods

• By decreasing international trade

What question does the potential reduction in trade freedoms raise?

• Will inflation finally begin to rise?

• Will the stock market crash?

• Will inflation continue to decrease?

• Will interest rates fall?

What is the expected impact of global macro factors on inflation?

• They will have no impact on inflation

• They will lead to a decrease in economic growth

• They will put downward pressure on prices

• They are likely to cause a rapid increase in inflation

What is the predicted trend for inflation in the next 18 to 24 months?

• Inflation will become unpredictable

• Inflation is expected to remain low

• A significant increase is expected

• A rapid decrease is anticipated