The Marriner S. Eccles Federal Reserve building in Washington.
Stefani Reynolds/Bloomberg via Getty Images
“None of this really impacts what people are going to be doing the next six months,” said Lee Baker, a certified financial planner and owner of Apex Financial Services in Atlanta, of clients’ financial plans.
“For most clients, candidly, it’s not that big a deal,” he said.
Some advisors disputed the Fed’s notion of inflation being a temporary feature of the economy.
Even before the Fed’s Wednesday meeting, Ivory Johnson was positioning clients’ long-term portfolios with larger allocations to commodities, real estate investment trusts, basic materials and energy…