Fed's Goolsbee Says Decision Last Week Was A Close Call For Me; It's Perfectly Appropriate To Have A Reconnaissance Mission Now; Trying To Figure Out If We Have Done Enough, How Much More Needs To Be Done; Over Next Several Months Will Get Some Markers On Do We Have A Handle On Inflation; Job Numbers Are Extremely Robust; At The Same Time, Hours Worked Went Down
Portfolio Pulse from Happy Mohamed
Fed's Goolsbee stated that the decision last week was a close call for him, indicating a divided opinion within the Federal Reserve.
June 21, 2023 | 4:42 pm
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NEUTRAL IMPACT
Fed's Goolsbee's statement on the close call decision may cause uncertainty in the market, potentially impacting the SPY ETF.
The statement by Fed's Goolsbee indicates a divided opinion within the Federal Reserve, which may cause uncertainty in the market. This uncertainty could lead to fluctuations in the SPY ETF, as it tracks the performance of the S&P 500 Index. However, the impact may be limited as the statement does not provide specific details on the decision.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50