The Federal Reserve could find itself fighting too-low inflation for years to come, San Francisco Federal Reserve President Mary Daly said on Friday, and may need a new policy framework to lift inflation back up to the Fed’s 2% goal. Fed may need new approach to boost inflation, Daly says https://www.reuters.com/article/us-usa-fed-daly-idUSKBN1Z225K Powell says changes to Fed’s inflation-fighting framework will be meaningful. More people at the Fed want a 4% annual inflation target! YIKES!!! https://www.marketwatch.com/story/powell-says-changes-to-feds-inflation-fighting-framework-will-be-meaningful-2019-12-11 Fed’s preferred inflation gauge showed prices rising by just 1.3% in October compared with a year earlier. The preferred measure by the Federal Reserve of core inflation in the United States is the change in the core personal consumption expenditures price index (PCE). This index is based on a dynamic consumption basket. Fed's Definition of Core Inflation: 1) Core Inflation: https://en.wikipedia.org/wiki/Core_inflation 2) PCE Inflation, How It Is Calculated, and Why the Fed Prefers It https://www.thebalance.com/pce-inflation-how-it-s-calculated-why-the-fed-prefers-it-4004939 Track the real inflation rate here as measured by the Chapwood Inflation Index: https://chapwoodindex.com/ Gundlach Gives Fed Chief a C-Minus: He’s ‘an NFL Coach After Losing a Game’ https://moneyandmarkets.com/jeffrey-gundlach-fed-jerome-powell/ Trump Pushes Fed to Slash Rates, Boost Economy https://www.newsmax.com/economy/trump-fed-rate-powell/2019/12/17/id/946269/ Federal Reserve leaves rates unchanged, hints no moves next year https://www.chicagotribune.com/business/ct-biz-fed-reserve-interest-rates-20191211-mbchenlcrzdahn4u4taied4dhe-story.html Fed Chair Powell says he would want to see persistent rise in inflation before hiking rates again https://www.cnbc.com/2019/12/11/fed-chair-powell-says-he-would-want-to-see-persistent-rise-in-inflation-before-hiking-rates-again.html Peter Schiff: Jerome Powell Is Resurrecting the Inflation Monster Paul Volcker Slayed https://schiffgold.com/peters-podcast/peter-schiff-jerome-powell-is-resurrecting-the-inflation-monster-paul-volcker-slayed/ Fed Chairman Wants U.S. Consumers to Pay Significantly Higher Prices https://thedailycoin.org/2019/12/13/fed-chairman-wants-u-s-consumers-to-pay-significantly-higher-prices/ Please visit the Wall St for Main St website here: http://www.wallstformainst.com/ Follow Jason Burack on Twitter @JasonEBurack Follow Wall St for Main St on Twitter @WallStforMainSt You can also checkout the Wall St for Main St Facebook Fanpage at http://www.facebook.com/WallStforMainSt or the Wall St for Main St Facebook Group where you can learn and join in on the conversation! Commit to tipping us monthly for our hard work creating high level, thought provoking content that includes interviews with top experts, analysis and short videos about investing and the economy https://www.patreon.com/wallstformainst Also, please take 5 minutes to leave us a good iTunes review here! We only have about 75 5 star iTunes reviews and we need to get to our goal of 100 5 star iTunes reviews asap! https://itunes.apple.com/us/podcast/wall-street-for-main-street/id506204437 If you feel like donating fiat via Paypal, Bitcoin, Gold Money, or mailing us some physical gold or silver, Wall St for Main St accepts one time donations on our main website. Donate Crypto Currency to WS4MS: Send Bitcoin to: 1N5iDrazojYX5rWxmoyp982RDXJzJrFoPC Send Ethereum (ETH) to: 0x748dD59fA5d5dF80E8C0038DD4F60DAb810fe61a Send Litecoin to: MW7g44j5FX9CYEkvfPvxsW5dFjHY84yup4 Send DASH to: XuEEhWptwf1XxP2nFYQxmBfBBJYehqRoBJ Send Zcash (ZEC) to: t1MGcxyWpiH6JeyF9nnWHw9poRpvTW4PT6S Send Bitcoin Cash (BCH) to: qr7mp7f053rwnpxalxljl3f9x5tulzv53ya88d7wch Wall St for Main St is also available for personalized investor education and paid research work (we write research reports and teach). Please email us to learn more about the research work we offer at: [email protected] **DISCLAIMER- ANYTHING MENTIONED DURING THIS AUDIO OR SHORT VIDEO RECORDING IS FOR INFORMATION & EDUCATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE INVESTMENT ADVICE. JASON BURACK AND HIS GUESTS ARE MERELY STATING THEIR OPINIONS ON DIFFERENT TOPICS RELATED TO INVESTING, THE ECONOMY, MARKETS OR COMPANIES. PLEASE TALK TO YOUR INVESTMENT ADVISOR AND DO ADDITIONAL RESEARCH AND DUE DILIGENCE ON YOUR OWN BEFORE INVESTING AND MAKING IMPORTANT INVESTMENT DECISIONS.- DISCLAIMER**