Stiglitz Sees Bout of Disinflation as Energy Costs Drop

The video discusses the current inflation, primarily driven by supply-side factors like energy prices and geopolitical tensions. It contrasts this with historical inflation and disinflation patterns, noting weaker momentum today. The role of the Federal Reserve is examined, considering global economic factors such as US-China relations and reshoring. The potential for the Fed to act too quickly is highlighted, with a focus on economic indicators like wages and inflation rates.

What potential risks does the speaker identify regarding the Fed's actions?

What signs does the speaker mention that could indicate a change in inflation trends?

How does the speaker view the relationship between wages and inflation in the current economic climate?