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I was just reading "Ray Dalio on the Downturn: 'There's a Lot More to Come'"[1], which said: Inflation in the United States has risen 8.2 percent in the past 1
by pmoriarty 4y ago
I was just reading "Ray Dalio on the Downturn: 'There's a Lot More to Come'"[1], which said:
Inflation in the United States has risen 8.2 percent in the past 12 months. While the Federal Reserve’s long-term inflation target is 2 percent, Dalio predicted that the central bank will go for a more realistic target of around 4.5 to 5 percent.
Based on those numbers, he believes the real interest rate could land in between 4.5 percent and 6 percent. “Six starts to break things pretty bad,” Dalio said. “The vicinity of 4.5 and 6 may be the number in terms of cracking the thing.”
[1] - https://www.institutionalinvestor.com/article/b20hpgzhxph5h5/Ray-Dalio-on-the-Downturn-There-s-a-Lot-More-to-Come https://www.institutionalinvestor.com/article/b20hpgzhxph5h5...