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The Fed’s 2% inflation target is a ‘pipe dream’ and stocks are set to drop 10%, Stifel’s Barry Bannister warns

The Federal Reserve has been battling inflation for over two years now, raising interest rates and pulling liquidity from markets in hopes of cooling the economy. Despite Wall Street fears that these ...
Business Insider

The stock market is about to see a 10% correction, with further disinflation a 'pipe dream' and Fed rate cuts coming much later, Stifel says

The S&P 500 could be on the verge of a sharp move down, as inflation isn't cooling much further from here, according to Stifel analysts. In a note, the investment firm predicted the S&P 500 would fall ...
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Inflation rises to 3.4% with Bank of England's target 'now a pipe dream'

Inflation rose from 3.2% to 3.4% in the UK in December in the first increase in six months as experts warned the Bank of England's "2% target is now a pipe dream". The Consumer Prices Index (CPI) rose ...