Looking Back to Inflation Lessons from the 1970s

March 15, 2023
Image displaying the title Looking Back to Inflation Lessons from the 1970s with a circular photo of a smiling man labeled as Ross Bramwell, CFA, Principal. The background features the Homrich Berg Wealth Management logo.

Two large U.S. bank failures and the takeover of another large global bank weakened confidence in the global banking system, but central banks and governments stepped in to bolster confidence. As soon as these events occurred, many believed the Fed would have to stop raising rates and would pivot to support the economy. However, the Fed proceeded with another rate hike last week as it firmly believes its top priority is to bring inflation down. Fed Chairman Powell has often referred to the policy actions of the 1970s during his press conferences. In this short video, we look back at the 1970s for a little bit of a history lesson as to why the Fed may likely stay aggressive in its current fight against inflation even as economic risks rise.

If you have further questions about the video, please reach out to a member of your service team or contact Homrich Berg at 404.264.1400.

Watch here: https://youtu.be/tYXFQPpZoh8?si=18rlueZbt6aDhfMa

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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