FTN's Low Says Yellen Is Convinced Inflation Picks Up

The video analyzes Janet Yellen's speech on inflation, emphasizing her confidence in rising inflation due to tight labor markets. It discusses the bond market's reaction to inflation indicators like CPI and PCE, highlighting unexpected trends in medical and housing prices. The video also explores cyclical inflation pressures and the Federal Reserve's role in influencing inflation through policy tightening.

What are the expected future actions of the Fed regarding interest rates according to Yellen?

What factors does Yellen identify as influencing medical prices and housing prices?