Listen to the latest insights from Dr. David Kelly, Chief Global Strategist at J.P. Morgan Asset Management to help prepare you for the week ahead.
Episodes
Apr 17, 2023
Apr 17, 2023
8 min
It seems like a distant memory now, but in the decade before the pandemic, the main preoccupation of the Federal Reserve was boosting inflation, as measured by the headline personal consumption deflator, to 2%. Inflation undershot this target in ten of the twelve years between 2008 and 2019.