2% Inflation Rate? “Not Anytime Soon”


2% Inflation Rate? “Not Anytime Soon” Dryden Pence, Chief Investment Officer at Pence Capital, talks about the difficulty the Federal Reserve will have targeting a 2% inflation rate and the adjustments they will likely need to make. (Source:  Reuters) 03/14/2023 Disclosure: Pence Capital Management, LLC (“PCM”) is an investment adviser registered with the State of California that provides institutional level portfolio consultancy services to certain Unit Investment Trust (UIT) product sponsors, as well as, asset management model development offered through LPL Financial LLC’s (“LPL Financial'') Manager Select program. PCM’s Chief Investment Officer is Dryden Pence. Dryden [...]