Fed's Conservative Approach To Policy-Making Warranted For Now: OCBC

The video discusses the global economic recovery from the COVID-19 pandemic, focusing on inflation trends and central bank policies. It highlights the Federal Reserve's stance on inflation and potential tapering, the impact of COVID-19 on Asian economies, and the volatility in equity markets. The discussion also covers potential rate hikes by Asian central banks in 2022, considering the progress in vaccination and economic recovery.

What factors contributed to the elevated inflation prints mentioned in the text?

How do central banks view the current inflation surge according to the text?

What are the potential implications of tapering discussions for central banks in Asia?

What is the expected impact of COVID-19 outbreaks on the economic recovery in Asia?

What challenges do the labor market and consumption sectors face according to the text?

Which regions are highlighted as having volatility in the equity markets?

What conditions might lead to a recalibration of monetary policy in 2022?