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It Seems Like Living With 3–4 Percent Inflation Is OK With Mr. Market

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It Seems Like Living With 3–4 Percent Inflation Is OK With Mr. Market
Consumers shop for groceries at a retail chain store in Rosemead, Calif., on Dec. 12, 2023. Frederic J. Brown/AFP via Getty Images
Bryan Perry
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Commentary

It seems by now that even people without a penny in the stock market have heard that the Federal Reserve’s target rate for inflation and cutting interest rates is 2 percent. And while that objective sounds terrific, the world we live in is experiencing upward pricing pressure that makes this target elusive and seemingly unrealistic.

Bryan Perry
Bryan Perry
Author
Bryan Perry is a senior director and senior financial writer with Navellier Private Client Group, advising and facilitating high-net-worth investors in the pursuit of their financial goals. His financial services career spanning the past three decades includes over 20 years of wealth management experience with Wall Street firms that include Bear Stearns, Lehman Brothers and Paine Webber, working with both retail and institutional clients. Bryan earned a B.A. in Political Science from Virginia Polytechnic Institute & State University and currently holds a Series 65 license.
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