Are Markets Buying Into Fed's High-Pressure Economy?

The video discusses economic debates on running economies hot, IMF's proposal to raise inflation targets, and the influence of Fed policies on markets. It highlights Janet Yellen's views on labor participation and inflation, market trends, and the importance of inflation expectations in shaping economic confidence.

What are the implications of raising the inflation target from 2% to 3%?

What role does Janet Yellen play in shaping market expectations regarding interest rates?

What historical context does the term 'secular stagnation' refer to, and why is it relevant today?

How does the labor participation rate affect wage levels and inflation?

Discuss the relationship between inflation expectations and consumer behavior.