The Fed Will Not Meet Its Inflation Target In 2024 – OpEd
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According to the Bureau of Labor Statistics, the year-over-year inflation rate in April 2024 was 3.4%, which has caused some to be optimistic that the Federal Reserve (Fed) will lower interest rates later this year. I won’t guess what the Fed might do, but I’m pretty confident the Fed will not achieve its 2% inflation...
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