Fed's Rosengren 'Not Concerned' About Inflation With 10% Unemployment

The video discusses the recent rise in the consumer price index and its impact on Wall Street debates about inflation and stagflation. The speaker argues that concerns about significant inflation are premature, emphasizing the challenge of reaching a 2% inflation target. The discussion highlights how the pandemic has caused scarcity in some areas and abundance in others, affecting prices. Despite these fluctuations, the speaker is not worried about rapid inflation growth due to high unemployment rates.

What economic indicator saw an unexpected increase, sparking debates on Wall Street?

• Unemployment Rate

• Consumer Price Index

• Interest Rates

• Gross Domestic Product

What is the speaker's stance on the current inflation concerns?

• Inflation is a major concern

• Inflation is already at 2%

• Inflation is not a concern at all

• Concerns about inflation are premature

What is the speaker's concern regarding the inflation target?

• Reaching a 5% target

• Reaching a 2% target

• Reaching a 10% target

• Reaching a 0% target

How does the pandemic affect the availability of goods according to the speaker?

• All goods are scarce

• All goods are abundant

• Some goods are scarce, others are abundant

• No change in availability

What is the speaker's view on inflation growth given the current unemployment rate?

• Inflation is stable

• Inflation is decreasing

• Inflation is not a concern due to high unemployment

• Inflation is growing rapidly