The Fed Admits DEFEAT On Inflation Goal
From The Desk Of Anthony Pomplianoยท2025-08-26 16:45
Monetary Policy & Inflation - The Federal Reserve has effectively abandoned its 2% inflation target, which it hasn't consistently achieved since February 2021 (over 50 months) [1] - The Federal Reserve acknowledges a "0%" chance of returning inflation to the 2% target [2] - Rate cuts are anticipated, leading to an influx of cheap capital into the market [2] Market Outlook - Asset prices are at all-time highs, and further increases are expected due to anticipated rate cuts [1][2] - The US economy is projected to "run hot," benefiting investors [3] - Bears predicting recession are expected to be incorrect [3]