Bruce Richards Says Fed Ended 2% Goal But Can't Admit It

Estimated read time 1 min read


Bruce Richards, chief executive officer of Marathon Asset Management LP, said the Federal Reserve has abandoned its 2% inflation target — mindful of the prospect of tariffs coming in 2025 — but can’t say so. He speaks on “Bloomberg Open Interest.” Sonali Basak’s Wall Street Beat newsletter is published Friday. (Source: Bloomberg)

Source link

You May Also Like

More From Author

+ There are no comments

Add yours