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Bruce Richards Says Fed Ended 2% Goal But Can't Admit It
Posted
December 18, 2024
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7:31Now PlayingBruce Richards, chief executive officer of Marathon Asset Management LP, said the Federal Reserve has abandoned its 2% inflation target -- mindful of the prospect of tariffs coming in 2025 -- but can't say so. He speaks on "Bloomberg Open Interest." Sonali Basak's Wall Street Beat newsletter is published Friday.
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