BFM Podcast

Target Inflation At 2%, Why?

Tan KW
Publish date: Tue, 21 Feb 2023, 12:05 PM
Target Inflation At 2%, Why?

21-Feb-23 07:00

Joe Quinlan, Chief Market Strategist, US Trust-BOA Private Wealth Management

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

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