Is The Fed’s 2% Inflation Goal Achievable?

May 14, 2024
A professional headshot of a man in a suit is centered on a graphic with text reading, Is the Feds 2% Inflation Goal Achievable? Below is his name, Ross Bramwell, CFA, Principal, with the Homrich Berg Wealth Management logo.

A strong job market continues to create challenges for the Fed to reach its 2% inflation goal. Inflation remains sticky and has even reaccelerated in certain parts of the economy, especially in a few service sectors. However, the unemployment rate may not be the key or the Fed’s focus. Declining wage growth, and whether it continues to decline, may be the critical element needed for the Fed to make its first rate cut later in the year. In this video, Ross Bramwell discusses what the Fed needs to get inflation trending back down to its inflation target.

Watch here: https://youtu.be/KAXg3Vj-XDQ?si=vJkzFVlYChTqGoQP

If you have any questions regarding this video, please email info@hbwealth.com, call 404.264.1400, or complete our “Contact Us” form.

A man in a blue suit and checkered tie smiles at the camera. The background is blurry, showing a window with an abstract view of a cityscape.

Ross Bramwell, CFA

Managing Director of Investment Communications, Shareholder

Ross joined HB Wealth in 2013. He has over 20 years of experience across the accounting, financial services, and investment industries. He currently serves as a member of the HB Investment Committee. He previously managed the firm’s real estate platform. In his current role, Ross takes the lead on client communications, investment messaging, and presentations that focus the firm’s perspective and outlook on the economy and markets. He often participates in client meetings to discuss investment allocations, the economy and markets, and private alternatives.

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