Prestige Economics' Schenker: Fed Outlook on Inflation Still Too Rosy

The video discusses the impact of potential Fed chair nominations on markets, highlighting the current inflationary pressures and the importance of economic indicators like personal income and jobless claims. It also covers the potential acceleration of the Fed's QE tapering and the strategic oil reserve release by the US and Japan. The impact of COVID-19 on oil demand and prices is analyzed, along with the effects of European lockdowns on demand and inflation. The video concludes with a discussion on the Fed's hawkish stance and its implications for the euro and US dollar.

What impact could the nomination of a new Fed chair have on the markets?

How does the current inflation situation relate to supply chain issues?

What indicators are important to watch in relation to the job market?

How might COVID-19 developments in Europe affect oil demand and prices?

What are the potential implications of a more hawkish stance from the Fed?