Moody's Says Do Not See Fed To Signal Permanent Pause In Rate Increases Without Clear Evidence Of Sustained Decline In Inflation, Cooling Demand In U.S.
Portfolio Pulse from Benzinga Newsdesk
Moody's states that the Federal Reserve is unlikely to signal a permanent pause in rate increases without clear evidence of a sustained decline in inflation and cooling demand in the U.S.
June 12, 2023 | 3:05 pm
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NEUTRAL IMPACT
Moody's statement on the Fed's rate increases may impact the overall market, as represented by the SPY ETF.
Moody's statement on the Federal Reserve's rate increases may impact the overall market sentiment, which could affect the SPY ETF. However, the statement does not directly mention SPY, and the impact may be neutral as it depends on the future evidence of inflation and demand trends.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50