News & Insights
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.
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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