How Will Uncertain Inflation Outlook Impact Stock Market?
The June 16 Federal Open Market Committee (FOMC) meeting Q&A session with Chairman Jay Powell and recent comments from The Fed have signaled two potential inflation rate hikes in 2023. Two days later, James Bullard, president of the Federal Reserve Bank of St. Louis, signaled there could be a rate hike as soon as 2022. With these mixed signals and upcoming FOMC meetings, how might inflation and the markets play out in 2021? Inflation and the Dollar One explanation for inflation is that there are too many dollars chasing too few goods – or more simply put, things will cost more over time. Say youRead More →