08-27-2020: Federal Reserve Adopts New Policy: ‘Average Inflation Target’ Of 2%
Aug 27, 2020, 11:51 PM
In the past, strong labor markets meant that higher inflation was just around the corner thereby indicating a reason to "tap the brakes" and raise interest rates.
Today's Stocks & Topics: VIXY - ProShares VIX Short-Term Futures ETF, FD.V - Facedrive Inc., SDGR - Schrodinger Inc., Mutual Funds, SPY - SPDR S&P 500 ETF Trust, PTY - PIMCO Corporate & Income Opportunity Fund, Going Public, WKHS - Workhorse Group Inc., Oil.
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