Deutsche Bank's Chadha Doesn’t Rule Out Fed Hikes in 2020

The video discusses the current state of credit and high yield spreads, noting their proximity to post-crisis levels. It examines the Federal Reserve's potential rate hikes, predicting increases in December and throughout the next year. The discussion also covers the concept of the neutral rate of interest and its historical context. Finally, it addresses inflation expectations, the Fed's inflation target, and the implications of using PCE over CPI.

What does the speaker imply about the neutral rate of interest?

In what way does the speaker suggest that inflation expectations are currently perceived?