Dovish Fed Takes on a Lack of Meaningful Inflation

The video discusses inflation expectations and the Federal Reserve's approach to managing inflation and disinflation. It highlights the Fed's preference for dealing with potential higher inflation in the future rather than cutting rates and implementing quantitative easing. The Fed's dovish stance is seen as a risk management tool to address concerns about disinflation, given the current economic and employment conditions.

What approach does the Fed seem to be taking regarding inflation management?

What potential future actions does the speaker suggest the Fed might take?