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Wednesday, March 4, 2026

The Fed pursuing 2% inflation is an ‘absolute trap’ for the economy, 40-year market veteran says

The Federal Reserve is chasing its goal of getting inflation down to 2% by aggressively raising interesting rates, but that’s leading the economy into a “trap,” according to 40-year market veteran Barry Knapp. The long-run target of the US central bank is unrealistic and some of the recent bank …

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