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Dec 06 2024

“Wealth-flationary” Pressures?

  • Dec 6, 2024

Last month, the Fed claimed to be in the “last mile” of the road toward 2% inflation. Naturally, their preferred inflation metric is the one currently nearest that goal: the headline CPI, up 2.6% from a year ago. On the contrary, no other inflation measure suggests the mission is almost accomplished. 

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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager