Fed’s Inflation Target Has Long & ‘Bumpy Road’ Ahead: Economist
While the Federal Reserve’s target inflation rate remains at 2%, rising auto prices and energy costs present the biggest challenges to cooling inflation in the short term. Annex Wealth Management Chief Economist Brian Jacobsen joins Yahoo Finance to explain why it may be a long time until the Fed finally achieves its target rate, especially if a “protracted” government shutdown becomes a reality.
As a subject matter expert, Brian Jacobsen, Chief Economist at Annex Wealth Management (seen from 0:12 to 3:05) is often interviewed with individuals not affiliated with the firm. Annex Wealth Management does not have control over the content or opinions expressed by these unaffiliated parties.
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