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Where Does the 2% Inflation Goal Come From?

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Manage episode 507153687 series 3645668
Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

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 Aleks discusses why the Fed aims for a 2% inflation rate and opines on whether that standard is outdated.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

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Manage episode 507153687 series 3645668
Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

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 Aleks discusses why the Fed aims for a 2% inflation rate and opines on whether that standard is outdated.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

  continue reading

7478 episodes

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