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Forbes Advisor: When Will Inflation Return to Normal?

Taylor Tepper | September 13 , 2022

Rather than risk further economic meltdown, the Fed may simply learn to tolerate inflation above its 2% target for a while longer than many expect now.

“The risk of the average inflation rate over the next several years being 3% or higher is underappreciated,” said Mace McCain, chief investment officer at Frost Investment Advisors. “The Fed is likely going to become more comfortable with a number above 2%.”

Excerpted from Forbes on September 13, 2022. To read full article, click here.

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