Wall Street Increasingly Doubts Fed Can Meet 2% Inflation Target

(Bloomberg) — Some bond-market bets are signaling that the inflation rate will fall close to the Federal Reserve’s 2% target in the next year. A growing number of Wall Street asset managers are saying that’s a pipe dream.Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderDebt-Limit Talks Resume After Optimism Curbed by GOP Walk-OutHedge Funds’ Ultra-Bearish Oil Bets Signal US Recession AngstStock Market Keeps Rallying, Defying Doom ScenariosZelenskiy Meets W
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