Bill Witte discusses inflation and what changes it could affect and be affected by.
This Q&A response from the FTR Experts came from our May Economic Outlook. View the video and the key takeaways below.
Key Takeaways:
- The Federal Reserve System has expressed that it will not begin any discussions on changes to monetary policy until at least 2023.
- A change could come earlier if we continue to see year-over-year numbers that remain consistently above 3%.