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home / news releases / how did the fed come up with that 2 inflation target

SSO - How Did The Fed Come Up With That 2% Inflation Target? Consider The Facts

ProShares Ultra S&P500

2024-05-18 09:51:12 ET

Summary

  • The Fed has a 2% inflation goal for the US economy, but the meaning of this long-term goal is unclear.
  • The long-term average for inflation is actually slightly above 3%, contradicting the Fed's 2% goal.
  • Only a small minority of people are aware of the higher long-term average for inflation.
  • The present natural tendency of inflation is probably 3% or so and the Fed will find it difficult to reach a sustainable 2%.

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For further details see:

How Did The Fed Come Up With That 2% Inflation Target? Consider The Facts
Stock Information
Company Name: ProShares Ultra S&P500
Stock Symbol: SSO
Market: NYSE
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