Expect Inflation To Make Investors Nervous Through 2021
Published Friday, May 14, 2021 at: 8:36 PM EDT
Heightened volatility experienced this past week should be expected for the foreseeable future.
Inflation fears are likely to persist for many months because the Federal Reserve has repeatedly said it will not raise rates to slow the economy even if the inflation rate continues to rise to 3% or higher. So it is likely to be a nervous stock market for many months, as the inflation rate continues to rise and the Fed stands on the sidelines and does nothing to quell the spike in consumer prices in the works.
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