The Fed Has Missed Its 2% Inflation Target for 64 Straight Months— And One Market Strategist Says It Has 'Lost All Credibility'
The U.S. inflation rate has remained above the Federal Reserve ‘s 2% target for 64 consecutive months, prompting market strategist Charlie Bilello to highlight staggering cumulative “price Increases” over the last seven years, even as the latest government data indicates a short-term cooling trend. 64 Months of Missed