Economist Sweeney Says No Meaningful Inflation Above 2% Anytime Soon

The transcript discusses inflation expectations, focusing on the core PCE measure and its potential to reach 2% by March. It highlights the challenges in forecasting financial services inflation and debates whether aggressive measures are needed to boost inflation. The discussion also touches on the labor market's role in inflation policy. Finally, it addresses deflation concerns, emphasizing its rarity and the misconception of its prevalence.

What actions does Charles Evans suggest regarding inflation, and what is the rationale behind it?

What concerns does the speaker express regarding deflation and its historical context?