Posen Doesn't Expect Rate Repricing Due to Inflation

The transcript discusses the Federal Reserve's market impact, focusing on long rates, inflation targeting, and the Fed's forecast for tapering and rate hikes. It highlights global perspectives, including the ECB and BoE's positions, and the Fed's relative unity. Expectations for the Jackson Hole symposium are explored, with a focus on equality and labor market issues. The Bank of England's stance and the UK's economic recovery are also covered.

What were the key points made by the vice chair regarding market movements?

How does the speaker perceive the current state of long-term interest rates?

What is the significance of flexible average inflation targeting according to the discussion?

What are the implications of the Fed's commitment to inflation and growth as discussed?

What expectations do the speakers have for the upcoming Jackson Hole event?

How does the speaker view the Bank of England's current monetary policy stance?

What factors are influencing the current economic recovery path in the UK?