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E.J. Antoni: Fed’s 2% Inflation Target Dead - Market & Economic Pain Coming
After yesterday’s rate cut announcement, the Federal Reserve’s 2% inflation target is long gone, says Economist E.J. Antoni, PhD. He joins Wealthion’s Andrew Brill and breaks down what this means for the economy, your investments, and your economic future:
- Why inflation remains sticky and rising, defying the Fed’s projections.
- The real impact of rate cuts on small businesses, the housing market, and ordinary Americans.
- How government spending and monetary policy have caused the dollar to lose 20% of its value.
- Why America could face a short 1920-style depression—or a prolonged…
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