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Target Inflation At 2%, Why?
After stronger than expected CPI and PPI numbers, the Fed seems to be struggling to contain inflationary pressures. We ask Joe Quinlan, Chief Market Strategist at US Trust-BOA Private Wealth Management what does this mean for the terminal rate and why does the Fed still keep to it's 2% inflation target.
Image credit: Shutterstock
See omnystudio.com/listener for privacy information.
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By BFM Media
3.5
22 ratings
After stronger than expected CPI and PPI numbers, the Fed seems to be struggling to contain inflationary pressures. We ask Joe Quinlan, Chief Market Strategist at US Trust-BOA Private Wealth Management what does this mean for the terminal rate and why does the Fed still keep to it's 2% inflation target.
Image credit: Shutterstock
See omnystudio.com/listener for privacy information.
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