Fed Will Be More Sensitive to Inflation Numbers: Zentner

The video discusses the Fed's unchanged inflation and growth forecasts, emphasizing a shift in focus towards price stability over maximum employment. It explores the Fed's tapering strategy and the need for optionality in rate hikes. Market reactions to inflation data are analyzed, with a focus on core goods and supply chain issues. The impact of a tight labor market on capital investments is highlighted, noting a strong capex cycle. Finally, the video examines factors influencing the Fed's future rate decisions, including inflation data and market expectations.

What is the current outlook for inflation according to the speaker?

How has the Federal Reserve's focus shifted according to the discussion?

What concerns are raised about the Fed's response to inflation?

What does the speaker suggest about the pace of tapering by the Fed?

What signs of inflation slowing does the speaker mention?

How does the speaker describe the current capital investment cycle in the US?

What factors does the speaker believe will influence the Fed's decision-making in the future?