Broker Check

Inflation - It Still Exists

Inflation - It Still Exists

| June 29, 2021

At its June meeting, the Federal Reserve confirmed what many of us have suspected for some time: prices are rising. In fact, prices are climbing faster than many expected. In response, the Fed raised its inflation expectation to 3.4%, up from its March projection of 2.4%, effectively raising its inflation expectation by 42%.1

The Fed’s course correction on inflation expectations and planned interest rate hikes unsettled the financial markets, with further volatility felt after St. Louis Fed President James Bullard said that the first interest rate hike could be as soon as 2022.2

The Fed also indicated that two interest rate hikes in 2023 were likely, despite signals last march that rates would remain unchanged until 2024.3

Our in-house CFA Aaron Kennedy and Matt Ervin join us this week on our Life Planning 101 podcast for their segment Black & White Market Chatter. This week they discuss inflation, the importance of staying disciplined when it comes to investing, and getting your risk right. Do your investments match your level of risk? What should you invest in? Do you know your risk number? You can find out right now by clicking the link below.

Learn Your Risk Score Now in Under 5 Minutes

If you need help or have questions, we would love the opportunity to speak with you. You can give us a call at: 254-629-3863 or you can email us at:


  1. The Wall Street Journal, June 16, 2021
  2., June 18, 2021
  3. The Wall Street Journal, June 16, 2021