IMF Expects Core US Inflation Will Continue To Fall During 2023, But Remain 'Materially Above' 2% Fed Target Throughout 2023 And 2024
Portfolio Pulse from Bill Haddad
The IMF predicts that core US inflation will continue to decline in 2023, but will remain materially above the 2% Federal Reserve target throughout 2023 and 2024.
May 26, 2023 | 5:15 pm
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The IMF's prediction of core US inflation remaining above the Fed's 2% target may impact the SPY ETF in the short term.
The IMF's forecast of core US inflation remaining above the Federal Reserve's 2% target may lead to concerns about the overall market and economic stability. This could result in increased volatility and downward pressure on the SPY ETF in the short term.
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IMPORTANCE 60
RELEVANCE 50