The Federal Reserve's 2% inflation target seems antiquated given deglobalization trends, and a more reasonable secular inflation outlook would be 3 to 4 percent.
normativepending
Speaker
Richard BernsteinEvidence Quote
“maybe instead of 2%, the Fed should be using three to four [14:28]”
Source
The Colossal Mistake | The Danger of Narrow Markets — Practical Lessons from Richard Bernstein— Excess ReturnsCreated: 8/11/2026, 7:31:42 AM
My Notes
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