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Since the Fed began raising rates in March 2022, they have m...
Since the Fed began raising rates in March 2022, they have made it clear that 2% inflation is their target.
Most recently, February CPI inflation JUMPED for the second straight month to 3.2%.
Core CPI inflation is still at 3.8% which is nearly double the Fed's long-term target.
February was the 35th consecutive month with inflation above 3%.
As inflation flattens out in the 3% to 4% range, the Fed cannot afford to pivot.
Could the Fed raise their inflation target to 3%?
Most recently, February CPI inflation JUMPED for the second straight month to 3.2%.
Core CPI inflation is still at 3.8% which is nearly double the Fed's long-term target.
February was the 35th consecutive month with inflation above 3%.
As inflation flattens out in the 3% to 4% range, the Fed cannot afford to pivot.
Could the Fed raise their inflation target to 3%?
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