What to Expect From the Inflation Report Thursday

The video discusses the ECB's plans for tapering and rate hikes, with a focus on inflation forecasts. It then shifts to the Fed's potential for rate hikes, analyzing market expectations and economic indicators like the participation rate. The discussion concludes with CPI estimates and inflation expectations in the US, highlighting political and economic implications.

Discuss the significance of the participation rate mentioned in the conversation.

What are the potential outcomes if inflation does not decrease as expected?