“We’ve been thinking, when we see a 5% return on cash, that it’s all the money in the world. Of course, we feel like that because we had cash at zero for 13–15 years. But the difference between inflation below 2% [and the reality of] today’s core inflation at 4% means that return is really squeezed.”
–Lara Rhame
Chief U.S. Economist Lara Rhame joined Fox Business “Mornings with Maria” to discuss her outlook for inflation in 2024. She addressed the opportunity cost of keeping money on the sidelines, market complacency in the face of inflation and the potential for alternatives to achieve investor goals in a solid but slowing economy.
Watch the video to hear more from Lara.