The Fed’s “average inflation targeting” policy means that it allows inflation to run “moderately” above its 2% goal following periods when it had run below that objective. But how hot will the Fed allow inflation to run — and for how long? We’re all about to find out.
Q3 2022 sector and industry investing opportunities emerge amid elevated fundamental volatility, rising rates, and recession fears.
The Fed emphasized data dependency, considering softening demand and broadening evidence of a slowdown.
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