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Which Inflation Protection Strategies Worked and Which Didn't?
Money For the Rest of Us
The Fed Open Market Committee's Expectations for Inflation
Two years ago, the Federal Reserve Open Market Committee was expecting inflation to be 2.4%. That's a huge miss. In 2021, they assumed inflation would come in at 2.4%, and then rise a little bit in 2023. The two-year inflation expectation was only 4.5%. Actual inflation has been 14%.
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