The Fed will no longer have a firm target of 2.0% on inflation. Now, the Fed will seek inflation that averages 2.0% over time (they did not give any more details). It is called Flexible Average Inflation Targeting (FAIT). It implies the Fed will allow the economy/inflation to run "hot" for a while before they believe they need to make a preemptive move to raise interest rates to quell inflationary pressures. This should allow the unemployment rate to fall further.
Here's what this indicator is saying about US stocks right now. ACTIVE INVESTOR WEEKLY EDITION: January 21, 2022 View in a browser FIDELITY VIEWPOINTS ® WEEKLY EDITION: January 21, 2022 Bollinger band stock signal Here's what this indicator is saying about US stocks right now. Read more CHART OF THE WEEK Inflation and corporate consolidation US industries have become
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