Market Commentary: Better Times May Be Ahead Despite the Market’s Reaction to the Last Fed Meeting of the Year
Carson Wealth
DECEMBER 23, 2024
They expect to hit their target of 2% only by 2027 now. For one thing, PCE inflation is elevated right now because of lagging shelter data and financial services (thanks to portfolio management services inflation driven by higher stock prices). 2025: Up from 2.2% 2026: Up from 2.0% This is quite confounding.
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