Fed’s new inflation strategy will lift profits and reduce risks for stock investors, Goldman Sachs says

Business Insider Australia | Sep 28, 2020 at 6:08 PM
  • Investors fearing that rising inflation will eat away at stock market gains need not worry.
  • Price growth trended below the Federal Reserve’s 2% target for years before tumbling even lower during the coronavirus pandemic.
  • Yet the bank expects the Federal Reserve’s overhauled inflation strategy — which targets an averaged-out 2% rate — will serve as a near-term boon for stocks.