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Wells Fargo resets its inflation target for 2026 and 2027

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Wall Street has spent this year waiting for prices to calm down. The thinking was simple. The war with Iran pushed oil up in February; the shock would wear off, and the Fed would go back to cutting rates. One of the banks that sold that ide…

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Wells Fargo resets its inflation target for 2026 and 2027
TheStreet 1h ago

Wells Fargo resets its inflation target for 2026 and 2027

Wall Street has spent this year waiting for prices to calm down. The thinking was simple. The war with Iran pushed oil up in February; the shock would wear off, and the Fed would go back to cutting rates. One of the banks that sold that ide…