Atlanta Fed President Bostic Says The Fed Is Trying To Return Economy Into Supply-Demand Balance
Portfolio Pulse from Benzinga Newsdesk
Atlanta Fed President Bostic stated that the Federal Reserve is working to bring the economy back into a supply-demand balance.
June 23, 2023 | 12:18 pm
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NEUTRAL IMPACT
Atlanta Fed President Bostic's statement on the Fed's efforts to balance supply and demand may impact the overall market sentiment.
Bostic's statement indicates the Fed's ongoing efforts to stabilize the economy, which may affect investor sentiment and the overall market. However, the impact on SPY is indirect and may not result in a clear short-term price direction.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50