There Is Less Incentive For The Fed To Scale Back The Battle On Inflation

It looks increasingly likely the Fed will raise rates again, notes Ty J. Young. He sets the stage for this week’s FOMC meeting. He talks about how there is less incentive for the Fed to scale back the battle on inflation. He discusses how while high rates present opportunities for some investors, Fed actions pose macro risks to economy and business growth. He then forecasts inflation for 2024 and beyond. He also goes over how investors can position their portfolio for continued high rates. Tune in to find out more about the stock market today.