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Where Does the 2% Inflation Goal Come From?
Manage episode 507153687 series 3645668
Aleks Spencer calls the Fed meeting yesterday about “risk management.” He contrasts the ‘70s and ‘80s when inflation jumped to what’s happening now, seeing different economic stories and different consumer stories. He expects another rate cut next meeting, with possibly another to follow. Aleks discusses why the Fed aims for a 2% inflation rate and opines on whether that standard is outdated.
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7478 episodes
Manage episode 507153687 series 3645668
Aleks Spencer calls the Fed meeting yesterday about “risk management.” He contrasts the ‘70s and ‘80s when inflation jumped to what’s happening now, seeing different economic stories and different consumer stories. He expects another rate cut next meeting, with possibly another to follow. Aleks discusses why the Fed aims for a 2% inflation rate and opines on whether that standard is outdated.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about
7478 episodes
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