Powell And The Fed Has GIVEN UP On 2% Inflation Target

Powell And The Fed Has GIVEN UP On 2% Inflation Target

The Federal Reserve has quietly removed its long-standing 2% inflation target. For decades, that number was the bedrock of monetary policy — but not anymore. In this episode, I break down exactly what Jerome Powell said at his latest press conference, how the Fed’s language shifted from a hard target to an “aspiration,” and why this marks a profound dovish pivot. After more than 50 months without hitting 2%, Powell has finally waved the white flag. I explain what this means for inflation, interest rates, and investors.


0:00 Intro

0:42 Federal Reserve abandons 2% inflation target

7:01 Is AI in bubble trouble?

11:41 Jeff Bezos has a better idea than Forbes net worth list



Pomp writes a daily letter to over 265,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at:

http://pompletter.com


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Jaksot(198)

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