U.S. Inflation Isn’t Going Anywhere, Says StanChart’s Meskin

The video discusses the Federal Reserve's focus on growth and inflation, highlighting a shift in their reaction function due to market changes in the fourth quarter. It examines the outlook for growth and inflation, noting concerns about deflation. The discussion concludes with predictions about future market movements, suggesting a higher probability of a rate cut than a hike.

What implications does the global growth momentum have on the Fed's decisions?

What does the text suggest about the future direction of interest rates?