US Fed review to 'add fuel to equities' fire'

Inflation OK to climb 'above 2% over time'

Mike Sheen
clock • 3 min read

The Federal Reserve's shift to an average inflation target of 2% will "add fuel to equities which are already on fire", with the combination of continued ultra-low interest rates and "extremely accommodative monetary policies for the foreseeable future" likely to support risk assets.

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