Inflation above target for 66 months, Ronnie Stoeferle notes

Inflation above target for 66 months, Ronnie Stoeferle notes
U.S. inflation remains above Fed target

Ronnie Stoeferle questions the Federal Reserve's commitment to its 2 percent inflation target, highlighting that inflation has stayed above this goal for 66 months.

Stoeferle's comments raise doubts about whether the Federal Reserve still considers its 2 percent target a priority or merely references it during press conferences.

Stoeferle previously summarized his keynote at the Denver Gold Americas Forum, stating the current gold cycle is not following historical patterns as seen in his gold market commentary. He has also shown interest in conference season discussions about books and stocks, according to an earlier article. These topics have featured alongside his recent remarks on the Federal Reserve’s inflation target.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.