Why 2%?

There are a lot of things we take for granted in the world.  History, personal experiences, and public perceptions often build rock solid beliefs.  But sometimes, when you look back, you can’t exactly nail down where the belief originated.  That got us thinking about the Federal Reserve’s 2% inflation target.  Why is it 2%? How did that level become the presumed correct amount of inflation?  Who came up with it?

The answer to this question might surprise you. 

Read more here: https://insightwealthgroup.com/the-weekly-insight-why-2/