Real Estate

Fed inflation, interest rate forecasts not a big deal, say financial advisors

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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.

Interest rates

Inflation

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…



Source cnbc.com

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