The Federal Reserve wants to get inflation down to its 2% target. That's why the central bank is likely to keep interest rates higher for much longer than most had initially expected. With inflation data rolling in hotter-than-expected, some analysts on Wall Street have weighed in thinking the Fed may not have as much of an impact on the market anymore. If that's the case, then which factors have a true impact on the economy?
Yahoo Finance Reporter Jared Blikre is joined by Jens Nordvig, CEO of Exante Data and MarketReader, for the latest edition of Stocks In Translation to discuss AI, inflation, health of the US economy, and break down factors that affect the economy.
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This post was written by Nicholas Jacobino
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