Powell And The Fed Has GIVEN UP On 2% Inflation Target

The Federal Reserve has quietly removed its long-standing 2% inflation target. For decades, that number was the bedrock of monetary policy — but not anymore. In this episode, I break down exactly what Jerome Powell said at his latest press conference, how the Fed’s language shifted from a hard target to an “aspiration,” and why this marks a profound dovish pivot. After more than 50 months without hitting 2%, Powell has finally waved the white flag. I explain what this means for inflation, interest rates, and investors. 0:00 Intro 0:42 Federal Reserve abandons 2% inflation target 7:01 Is AI in bubble trouble? 11:41 Jeff Bezos has a better idea than Forbes net worth list Pomp writes a daily letter to over 265,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at: http://pompletter.com Join 600K+ subscribers on my main channel: https://pompyoutube.com/ Follow Pomp on social media: Twitter: https://twitter.com/APompliano Instagram: https://www.instagram.com/pompglobal/ LinkedIn: https://www.linkedin.com/in/anthonypompliano/ #AnthonyPompliano #FromtheDesk #marketnews