The Federal Reserve is aiming to bring inflation down to its 2% target, which is why they are expected to keep interest rates high for a longer period than originally anticipated. As inflation data continues to come in higher than forecasted, some analysts believe that the Fed may not have as much influence on the market as before. This raises the question of what factors truly impact the economy.
In a recent episode of Stocks In Translation on Yahoo Finance, Reporter Jared Blikre was joined by Jens Nordvig, the Founder & CEO of Exante Data Inc., to discuss artificial intelligence, inflation, the health of the US economy, and other factors that affect the economy. Nordvig provided expert insight on these topics and analyzed the current market conditions.
For more information on expert analysis and to stay updated on the latest market trends, visit the Yahoo Finance website. This post was written by Nicholas Jacobino.