Fed Independence or Political Pressure? The 2% Myth

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With inflation at 3.1% and climbing, wages on the rise, and asset prices at record highs, why is the Fed under heavy pressure to cut rates? In this episode, we question whether the much-touted 2% inflation target was ever real, explore the political push from the White House and Treasury, and unpack what a 90% chance of a September cut means in a $37 trillion-debt, inflation-driven world.