Inflation Is Cooling. But is 2% Out of Reach?

BlackRock's Rick Rieder says the latest CPI report gave markets reason to celebrate, but inflation remains above the Fed's 2% target. He argues the economy is now “in the ballpark” and that raising overnight rates may not be the most effective way to bring inflation lower.

Source: Bloomberg Markets and Finance

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Category General

Source Bloomberg Markets and Finance

Published 1 month ago

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News ID #6,795

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