Simple policy arithmetic translates into potential inflation of 7.2 percent within two years. But that’s before unprecedented bank reserves come into play.

Rough estimates suggest that inflation could rise as high as 15 percent by late 2013 or 2014 if the Federal Reserve is unable to drain off more than 25 percent of the reserves in the banking system.

That’s the best estimate based on a variety of forces that traditionally drive inflation.

The meltdown wreaked havoc on a cornerstone of the economy, leaving the market awash in empty foreclosed properties. Now, an obscure inventory threatens growth.

A hidden stockpile of real estate could put a cramp in the housing market’s tentative recovery. This real estate is called shadow inventory—and it’s bad news for a market already struggling to sell 1.9 million vacant housing units.

More than nine million people have their identities stolen each year, according to the Federal Trade Commission. The amount of money and time victims lose varies widely. But one thing is for certain: It’s important to keep a close eye on your credit.

Free reports are available from Equifax, Experian, and Trans Union every 12 months. For extra vigilance, request a report from one of the three bureaus every four months.

Thursday, MARCH 1^st, 5-6:30 pm
And every first Thursday of the month

Inviting ALL Women to participate in a monthly series

Fund your life!

• Building assets and a secure financial base
• Long-term planning: Debt, Business, Marriage, Family, Divorce, Retirement
• Current affairs & the global economy
• The power of collaboration & the future of money

There is no charge to participate
[Underwritten by The American Institute for Economic Research)

This series is inspired by the knowledge that financially empowered women create empowered families, communities & world!

Offered by Life-Coach Maia Conty in collaboration with:
The American Institute for Economic Research, and RBC Wealth Management

Location: AIER, 250 Division St, Great Barrington, MA 01230 (Directions at aier.org)

Seating is limited, and filling quickly - so respond asap!
‘Share the wealth’; pass this opportunity on to any friends that might be interested.
Email This e-mail address is being protected from spambots. You need JavaScript enabled to view it or call 646.265.2293 to reserve your spot, or for any questions.

RBC Wealth Management
Terry Webb – Branch Director, Senior Portfolio Manager
Melissa McGarrity - Associate Financial Advisor

In a formal departure from its longstanding dual mandate, the Federal Reserve commits to a new course. But how long will it last?

Ben Bernanke is getting ready to fight inflation. This comes through loud and clear from recent statements and initiatives.

Most recently, on January 26, the chairman of the Federal Reserve announced that the Fed would target an inflation rate of 2 percent, as measured by the annual change in the price index for personal consumption expenditures (PCE). The PCE is the broadest measure of consumer prices, thought to be driven primarily by macroeconomic policy rather than by supply and demand shifts in individual markets.