Has the Fed Lost the Plot on Inflation? - Episode 3 Super-Macro Management

In this episode of Super Macro Podcast 3, Elvis and Jonny dive into the
topic of whether the Fed has lost the plot on inflation. They discuss
the Fed's recent decisions, including leaving interest rates unchanged,
raising inflation and growth forecasts, and the potential impact on the
bond market. Jonny believes the Fed has been too soft on inflation,
expressing concerns about the end of goods disinflation and the rise in
services and energy costs. While he doesn't think the Fed has completely
lost the plot, he questions the effectiveness of their current policy
moves.

02:17 Fed's inflation target dilemma.
04:47 Powell's handling of inflation.
10:58 Wage growth predictions and indicators.
13:06 The Fed's ability to influence yields.
19:32 One or two good trades.
21:09 Industrial recovery and metal prices.