…looks like it was never going to work from the beginning.


The Fed’s 2% inflation target is a ‘pipe dream’ and stocks are set to drop 10%, Stifel’s Barry Bannister warns

BYWILL DANIEL
May 13, 2024 at 10:49 AM PDT

The Federal Reserve has been battling inflation for over two years now, raising interest rates and pulling liquidity from markets in hopes of cooling the economy. Despite Wall Street fears that these policies would spark a recession, the U.S. economy has proved remarkably resilient over the past few years.

https://fortune.com/2024/05/13/2-inf...ection-stifel/
Lets hope it’s only 10 percent.