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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NEGATIVE IMPACT
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.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50