It then remained well above the 2% target, partly because of higher food prices.
Due to her expertise, Ghilarducci is often invited to events and meetings with financial managers and economists on the right, she said. She is also a trustee for two pension funds for United Auto Workers retirees at General, Ford, and Chrysler, and steelworkers at Goodyear. “I’m very comfortable there,” she said. “I’m usually there to give another point of view.”
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