Das: More Work To Do For Central Banks

The transcript discusses market expectations, labor market conditions, and the Fed's role in the current economic cycle. It highlights the unconventional nature of the cycle due to quantitative tightening and structural changes affecting inflation. The Fed's credibility and market dynamics are examined, along with risks in the credit market and the potential for a soft landing in the economy.

What concerns does the speaker express regarding inflation?

What is the speaker's perspective on the risk of a hard landing in the economy?