Target Inflation At 2%, Why?
Joe Quinlan, Chief Market Strategist, US Trust-BOA Private Wealth Management
21-Feb-23 07:00
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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
Produced by: Michael Gong
Presented by: Wong Shou Ning, Chong Tjen San, Shazana Mokhtar
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Categories: markets
Tags: us inflation, federal reserve, euro,
