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Welcome to the FIA News & Insights, a one-stop resource that includes insights from senior investment professionals on timely market events, their views on the economy and their respective markets. Find updates on the latest media information on Frost Investment Advisors, LLC and the most recent reprints, as well as, archival information for your reference.
The Federal Reserve has been warning everyone for more than a year, but especially since last August, that it would welcome higher inflation than its target level for a modest period of time since inflation has been too low since the Great Recession.
While the Fed continues to say this will all be transitory, some experts believe at least part of this inflation gain is here to stay.
“There has been some debate about whether inflation will be transitory or more persistent: The answer is yes,” said Mace McCain, chief investment officer at Frost Investment Advisors. “Some inflation, such as wage inflation, is likely to persist, but other pricing pressures will ease as the economy regains its equilibrium.”
Excerpted from Forbes Advisor. To read full article, click here.
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